YEARLY HIGH
13.9424 PKR
YEARLY LOW
11.8630 PKR
YEARLY AVERAGE
12.7621 PKR

2015 NOK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 13.9424. Conversely, the yearly low was recorded on December 31, dropping to 11.8630.

This high-to-low spread represents a total annual volatility of 2.0794 PKR. From a start-to-finish perspective, comparing the January average rate of 13.1444 to the December average rate of 12.0650, the exchange rate registered a net change of -8.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 13.9424 was down 20.16% compared to the 2014 peak of 17.4625, 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 69,712 PKR
2014 Average 80,348 PKR
Yearly Trough Low 59,315 PKR
Transaction Impact: A difference of 10,397.14 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

13.6265
11.9230
JanuMarcMayJulySeptNove

NOK to PKR 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 13.1117, compared to 12.4126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6991 points.

H1 Avg (Jan–Jun) 13.1117
H2 Avg (Jul–Dec) 12.4126

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 1.0159 PKR (High: 13.2915 / Low: 12.2756). On the other end, August was the most stable month, with a tight range of 0.3120 PKR (High: 12.6068 / Low: 12.2948).

March Spread (Volatile) ±1.0159
August Spread (Stable) ±0.3120

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 0.5945 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5945

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 13.4845) against the same month in 2014 (average: 16.6102), the exchange rate shifted by -3.1257 (-18.82%).

2015 Avg (May) 13.4845
2014 Avg (May) 16.6102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.4651 12.9022 13.1444
February 13.5101 13.0898 13.3553
March 13.2915 12.2756 12.7607
April 13.4664 12.5643 12.8887
May 13.9424 13.0990 13.4845
June 13.2487 12.7960 13.0364
July 12.8529 12.3813 12.5468
August 12.6068 12.2948 12.4165
September 12.8639 12.2415 12.5953
October 12.9194 12.3033 12.6471
November 12.4383 12.1021 12.2049
December 12.3717 11.8630 12.0650