2015 NOK to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NOK to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NOK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 455.6660. Conversely, the yearly low was recorded on March 17, dropping to 350.7239.
This high-to-low spread represents a total annual volatility of 104.9421 UGX. From a start-to-finish perspective, comparing the January average rate of 371.7953 to the December average rate of 387.0188, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 455.6660 was up 5.58% compared to the 2014 peak of 431.5954, 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 UGX 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 383.9422, compared to 418.1139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.1718 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was October, with a trading range of 41.3806 UGX (High: 455.6660 / Low: 414.2854). On the other end, February was the most stable month, with a tight range of 10.1879 UGX (High: 381.0838 / Low: 370.8958).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 44.1042 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2015: 440.4625) against the same month in 2014 (average: 408.5278), the exchange rate shifted by +31.9347 (+7.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 382.0232 | 363.3623 | 371.7953 |
| February | 381.0838 | 370.8958 | 377.9222 |
| March | 380.2601 | 350.7239 | 368.9438 |
| April | 396.7728 | 366.9557 | 379.1539 |
| May | 409.0861 | 390.1095 | 397.9175 |
| June | 425.4280 | 386.7336 | 407.9202 |
| July | 429.8750 | 403.5781 | 412.7130 |
| August | 441.5684 | 417.7602 | 429.7971 |
| September | 450.7389 | 429.8464 | 442.3337 |
| October | 455.6660 | 414.2854 | 440.4625 |
| November | 419.1936 | 385.4698 | 396.3584 |
| December | 398.2359 | 379.8734 | 387.0188 |