2015 PEN to NOK Historical Review

YEARLY HIGH

2.6753 NOK

YEARLY LOW

2.3254 NOK

YEARLY AVERAGE

2.5331 NOK

2015 PEN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the PEN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 2.6753. Conversely, the yearly low was recorded on May 16, dropping to 2.3254.

This high-to-low spread represents a total annual volatility of 0.3499 NOK. From a start-to-finish perspective, comparing the January average rate of 2.5526 to the December average rate of 2.5710, the exchange rate registered a net change of 0.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.6753 was up 6.52% compared to the 2014 peak of 2.5115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 13,376 NOK

2014 Average 11,099 NOK

Yearly Trough Low 11,627 NOK

Transaction Impact: A difference of 1,749.47 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.6093

2.3832

JanuMarcMayJulySeptNove

PEN to NOK 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 2.5018, compared to 2.5644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0627 points.

H1 Avg (Jan–Jun) 2.5018

H2 Avg (Jul–Dec) 2.5644

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.2001 NOK (High: 2.6753 / Low: 2.4751). On the other end, November was the most stable month, with a tight range of 0.0564 NOK (High: 2.6192 / Low: 2.5629).

March Spread (Volatile) ±0.2001

November Spread (Stable) ±0.0564

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.1321 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 2.5822) against the same month in 2014 (average: 2.1383), the exchange rate shifted by +0.4439 (+20.76%).

2015 Avg (March) 2.5822

2014 Avg (March) 2.1383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5941	2.5012	2.5526
February	2.5241	2.4405	2.4682
March	2.6753	2.4751	2.5822
April	2.6038	2.4165	2.5341
May	2.4660	2.3254	2.4020
June	2.5266	2.4301	2.4714
July	2.5863	2.4951	2.5519
August	2.5902	2.5059	2.5479
September	2.6435	2.5338	2.5761
October	2.6113	2.4984	2.5491
November	2.6192	2.5629	2.5905
December	2.5990	2.5307	2.5710