2015 NOK to ZAR Historical Review

YEARLY HIGH

1.8301 ZAR

YEARLY LOW

1.4671 ZAR

YEARLY AVERAGE

1.5812 ZAR

2015 NOK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 1.8301. Conversely, the yearly low was recorded on January 25, dropping to 1.4671.

This high-to-low spread represents a total annual volatility of 0.3631 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.5076 to the December average rate of 1.7332, the exchange rate registered a net change of 14.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.8301 was up 0.18% compared to the 2014 peak of 1.8269, 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 9,151 ZAR

2014 Average 8,618 ZAR

Yearly Trough Low 7,335 ZAR

Transaction Impact: A difference of 1,815.48 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.7558

1.4850

JanuMarcMayJulySeptNove

NOK to ZAR 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 1.5372, compared to 1.6251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0879 points.

H1 Avg (Jan–Jun) 1.5372

H2 Avg (Jul–Dec) 1.6251

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.1703 ZAR (High: 1.8301 / Low: 1.6598). On the other end, November was the most stable month, with a tight range of 0.0437 ZAR (High: 1.6599 / Low: 1.6162).

December Spread (Volatile) ±0.1703

November Spread (Stable) ±0.0437

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 June and July, when the average rate fell by 0.0411 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.7332) against the same month in 2014 (average: 1.5746), the exchange rate shifted by +0.1586 (+10.07%).

2015 Avg (December) 1.7332

2014 Avg (December) 1.5746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5500	1.4671	1.5076
February	1.5503	1.5025	1.5256
March	1.5310	1.4787	1.5124
April	1.5726	1.4695	1.5190
May	1.6116	1.5508	1.5837
June	1.6023	1.5458	1.5753
July	1.5573	1.5118	1.5343
August	1.6061	1.5282	1.5645
September	1.6835	1.6143	1.6483
October	1.6607	1.6065	1.6323
November	1.6599	1.6162	1.6381
December	1.8301	1.6598	1.7332