YEARLY HIGH
0.3742 TRY
YEARLY LOW
0.2953 TRY
YEARLY AVERAGE
0.3376 TRY

2015 NOK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 0.3742. Conversely, the yearly low was recorded on January 13, dropping to 0.2953.

This high-to-low spread represents a total annual volatility of 0.0789 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3048 to the December average rate of 0.3364, the exchange rate registered a net change of 10.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3742 was down 1.65% compared to the 2014 peak of 0.3805, 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 1,871 TRY
2014 Average 1,739 TRY
Yearly Trough Low 1,477 TRY
Transaction Impact: A difference of 394.35 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3705
0.2988
JanuMarcMayJulySeptNove

NOK to TRY 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 0.3309, compared to 0.3444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.3309
H2 Avg (Jul–Dec) 0.3444

Volatility Range Comparison

Volatility

The most volatile month in 2015 was April, with a trading range of 0.0311 TRY (High: 0.3535 / Low: 0.3224). On the other end, February was the most stable month, with a tight range of 0.0124 TRY (High: 0.3288 / Low: 0.3165).

April Spread (Volatile) ±0.0311
February Spread (Stable) ±0.0124

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0207 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.3645) against the same month in 2014 (average: 0.3486), the exchange rate shifted by +0.0159 (+4.56%).

2015 Avg (September) 0.3645
2014 Avg (September) 0.3486

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3149 0.2953 0.3048
February 0.3288 0.3165 0.3244
March 0.3362 0.3143 0.3248
April 0.3535 0.3224 0.3360
May 0.3615 0.3401 0.3501
June 0.3536 0.3357 0.3453
July 0.3403 0.3246 0.3323
August 0.3578 0.3359 0.3459
September 0.3742 0.3529 0.3645
October 0.3632 0.3418 0.3539
November 0.3403 0.3277 0.3332
December 0.3443 0.3301 0.3364