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2012 TRY to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2012
During 2012, the TRY to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 3.3794. Conversely, the yearly low was recorded on December 21, dropping to 3.0986.
This high-to-low spread represents a total annual volatility of 0.2808 NOK. From a start-to-finish perspective, comparing the January average rate of 3.2321 to the December average rate of 3.1403, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2012 high of 3.3794 was down 11.87% compared to the 2011 peak of 3.8348, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
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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)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 3.2421, compared to 3.2203 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.0218 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2012 was August, with a trading range of 0.1862 NOK (High: 3.3674 / Low: 3.1812). On the other end, May was the most stable month, with a tight range of 0.0493 NOK (High: 3.2893 / Low: 3.2400).
Growth Streaks & Declines
TrendsBetween March and July, 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 August and September, when the average rate fell by 0.1002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2012: 3.3466) against the same month in 2011 (average: 3.2888), the exchange rate shifted by +0.0578 (+1.76%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 3.2956 | 3.1502 | 3.2321 |
| February | 3.3105 | 3.1600 | 3.2456 |
| March | 3.2236 | 3.1524 | 3.1872 |
| April | 3.2617 | 3.1843 | 3.2192 |
| May | 3.2893 | 3.2400 | 3.2694 |
| June | 3.3321 | 3.2756 | 3.2989 |
| July | 3.3794 | 3.2967 | 3.3466 |
| August | 3.3674 | 3.1812 | 3.2891 |
| September | 3.2205 | 3.1614 | 3.1890 |
| October | 3.2048 | 3.1290 | 3.1667 |
| November | 3.2199 | 3.1494 | 3.1899 |
| December | 3.1753 | 3.0986 | 3.1403 |