2015 NOK to RSD Historical Review

YEARLY HIGH

14.4107 RSD

YEARLY LOW

12.5122 RSD

YEARLY AVERAGE

13.5107 RSD

2015 NOK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 14.4107. Conversely, the yearly low was recorded on September 28, dropping to 12.5122.

This high-to-low spread represents a total annual volatility of 1.8984 RSD. From a start-to-finish perspective, comparing the January average rate of 13.7323 to the December average rate of 12.8724, the exchange rate registered a net change of -6.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 14.4107 was down 1.50% compared to the 2014 peak of 14.6299, 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 72,053 RSD

2014 Average 70,158 RSD

Yearly Trough Low 62,561 RSD

Transaction Impact: A difference of 9,492.20 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

14.4367

12.7301

JanuMarcMayJulySeptNove

NOK to RSD 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 13.9722, compared to 13.0492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9230 points.

H1 Avg (Jan–Jun) 13.9722

H2 Avg (Jul–Dec) 13.0492

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.9329 RSD (High: 14.1054 / Low: 13.1724). On the other end, February was the most stable month, with a tight range of 0.2577 RSD (High: 14.2114 / Low: 13.9537).

January Spread (Volatile) ±0.9329

February Spread (Stable) ±0.2577

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 0.5439 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5439

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 14.2945) against the same month in 2014 (average: 14.1763), the exchange rate shifted by +0.1182 (+0.83%).

2015 Avg (May) 14.2945

2014 Avg (May) 14.1763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.1054	13.1724	13.7323
February	14.2114	13.9537	14.0694
March	14.1515	13.5582	13.9191
April	14.3575	13.7396	14.0674
May	14.4107	14.0816	14.2945
June	13.9226	13.6423	13.7506
July	13.7055	13.2395	13.4549
August	13.3825	12.6827	13.0989
September	13.0712	12.5122	12.9108
October	13.0632	12.6722	12.9416
November	13.1821	12.8227	13.0169
December	13.2308	12.6564	12.8724