YEARLY HIGH
0.3699 PGK
YEARLY LOW
0.3190 PGK
YEARLY AVERAGE
0.3432 PGK

2015 NOK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 0.3699. Conversely, the yearly low was recorded on March 17, dropping to 0.3190.

This high-to-low spread represents a total annual volatility of 0.0509 PGK. From a start-to-finish perspective, comparing the January average rate of 0.3390 to the December average rate of 0.3437, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3699 was down 23.44% compared to the 2014 peak of 0.4832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 1,850 PGK
2014 Average 2,048 PGK
Yearly Trough Low 1,595 PGK
Transaction Impact: A difference of 254.59 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3603
0.3294
JanuMarcMayJulySeptNove

NOK to PGK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3440, compared to 0.3423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.3440
H2 Avg (Jul–Dec) 0.3423

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0270 PGK (High: 0.3460 / Low: 0.3190). On the other end, November was the most stable month, with a tight range of 0.0074 PGK (High: 0.3461 / Low: 0.3387).

March Spread (Volatile) ±0.0270
November Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0148 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 0.3577) against the same month in 2014 (average: 0.4740), the exchange rate shifted by -0.1163 (-24.54%).

2015 Avg (May) 0.3577
2014 Avg (May) 0.4740

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3465 0.3338 0.3390
February 0.3521 0.3390 0.3468
March 0.3460 0.3190 0.3319
April 0.3558 0.3292 0.3392
May 0.3699 0.3484 0.3577
June 0.3552 0.3417 0.3493
July 0.3464 0.3354 0.3400
August 0.3419 0.3339 0.3367
September 0.3487 0.3365 0.3420
October 0.3572 0.3400 0.3502
November 0.3461 0.3387 0.3413
December 0.3503 0.3403 0.3437