2015 NOK to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NOK to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NOK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 94.5303. Conversely, the yearly low was recorded on March 17, dropping to 83.6667.
This high-to-low spread represents a total annual volatility of 10.8636 RWF. From a start-to-finish perspective, comparing the January average rate of 90.1397 to the December average rate of 85.9237, the exchange rate registered a net change of -4.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 94.5303 was down 18.14% compared to the 2014 peak of 115.4723, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
NOK to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 89.6257, compared to 87.1997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4260 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was June, with a trading range of 7.4871 RWF (High: 94.3840 / Low: 86.8968). On the other end, February was the most stable month, with a tight range of 2.2338 RWF (High: 91.5493 / Low: 89.3155).
Growth Streaks & Declines
TrendsBetween 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 3.8166 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2015: 91.4997) against the same month in 2014 (average: 114.6839), the exchange rate shifted by -23.1841 (-20.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 92.3658 | 88.4582 | 90.1397 |
| February | 91.5493 | 89.3155 | 90.8623 |
| March | 89.9375 | 83.6667 | 87.0457 |
| April | 91.7854 | 85.4124 | 87.7299 |
| May | 94.5303 | 88.4834 | 91.4997 |
| June | 94.3840 | 86.8968 | 90.4769 |
| July | 90.7751 | 87.0605 | 88.9971 |
| August | 90.7558 | 85.1366 | 87.2456 |
| September | 89.6882 | 84.3565 | 86.5085 |
| October | 90.7650 | 84.8000 | 88.3231 |
| November | 87.8655 | 85.4862 | 86.2005 |
| December | 87.5052 | 84.6449 | 85.9237 |