YEARLY HIGH
3.3860 NOK
YEARLY LOW
2.6724 NOK
YEARLY AVERAGE
2.9689 NOK

2015 TRY to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TRY to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 3.3860. Conversely, the yearly low was recorded on September 13, dropping to 2.6724.

This high-to-low spread represents a total annual volatility of 0.7137 NOK. From a start-to-finish perspective, comparing the January average rate of 3.2819 to the December average rate of 2.9728, the exchange rate registered a net change of -9.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.3860 was up 5.09% compared to the 2014 peak of 3.2221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 169,302 NOK
2014 Average 144,070 NOK
Yearly Trough Low 133,618 NOK
Transaction Impact: A difference of 35,683.58 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

3.3356
2.6903
JanuMarcMayJulySeptNove

TRY 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 3.0298, compared to 2.9080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1218 points.

H1 Avg (Jan–Jun) 3.0298
H2 Avg (Jul–Dec) 2.9080

Volatility Range Comparison

Volatility

The most volatile month in 2015 was April, with a trading range of 0.2729 NOK (High: 3.1020 / Low: 2.8290). On the other end, November was the most stable month, with a tight range of 0.1130 NOK (High: 3.0514 / Low: 2.9384).

April Spread (Volatile) ±0.2729
November Spread (Stable) ±0.1130

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 January and February, when the average rate fell by 0.1994 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 3.2819) against the same month in 2014 (average: 2.7748), the exchange rate shifted by +0.5070 (+18.27%).

2015 Avg (January) 3.2819
2014 Avg (January) 2.7748

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3860 3.1754 3.2819
February 3.1597 3.0409 3.0825
March 3.1816 2.9747 3.0799
April 3.1020 2.8290 2.9797
May 2.9407 2.7662 2.8577
June 2.9788 2.8284 2.8971
July 3.0806 2.9382 3.0099
August 2.9775 2.7950 2.8928
September 2.8340 2.6724 2.7441
October 2.9258 2.7536 2.8268
November 3.0514 2.9384 3.0015
December 3.0296 2.9048 2.9728