YEARLY HIGH
0.5314 RON
YEARLY LOW
0.4607 RON
YEARLY AVERAGE
0.4976 RON

2015 NOK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.5314. Conversely, the yearly low was recorded on September 28, dropping to 0.4607.

This high-to-low spread represents a total annual volatility of 0.0708 RON. From a start-to-finish perspective, comparing the January average rate of 0.5030 to the December average rate of 0.4762, the exchange rate registered a net change of -5.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5314 was down 2.66% compared to the 2014 peak of 0.5460, 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 2,657 RON
2014 Average 2,660 RON
Yearly Trough Low 2,303 RON
Transaction Impact: A difference of 353.82 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5319
0.4698
JanuMarcMayJulySeptNove

NOK to RON 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 0.5140, compared to 0.4811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0330 points.

H1 Avg (Jan–Jun) 0.5140
H2 Avg (Jul–Dec) 0.4811

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0253 RON (High: 0.5150 / Low: 0.4897). On the other end, November was the most stable month, with a tight range of 0.0112 RON (High: 0.4849 / Low: 0.4736).

January Spread (Volatile) ±0.0253
November Spread (Stable) ±0.0112

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 May and June, when the average rate fell by 0.0171 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 0.5268) against the same month in 2014 (average: 0.5421), the exchange rate shifted by -0.0154 (-2.83%).

2015 Avg (May) 0.5268
2014 Avg (May) 0.5421

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5150 0.4897 0.5030
February 0.5201 0.5068 0.5144
March 0.5208 0.5023 0.5132
April 0.5276 0.5050 0.5173
May 0.5314 0.5174 0.5268
June 0.5158 0.5023 0.5097
July 0.5104 0.4880 0.4971
August 0.4910 0.4675 0.4818
September 0.4803 0.4607 0.4750
October 0.4813 0.4671 0.4768
November 0.4849 0.4736 0.4797
December 0.4863 0.4709 0.4762