YEARLY HIGH
0.8743 NOK
YEARLY LOW
0.7474 NOK
YEARLY AVERAGE
0.8045 NOK

2011 BOB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BOB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.8743. Conversely, the yearly low was recorded on May 1, dropping to 0.7474.

This high-to-low spread represents a total annual volatility of 0.1269 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8381 to the December average rate of 0.8534, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8743 was down 7.98% compared to the 2010 peak of 0.9501, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,372 NOK
2010 Average 4,312 NOK
Yearly Trough Low 3,737 NOK
Transaction Impact: A difference of 634.46 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8616
0.7632
JanuMarcMayJulySeptNove

BOB 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 0.7985, compared to 0.8105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.7985
H2 Avg (Jul–Dec) 0.8105

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0824 NOK (High: 0.8510 / Low: 0.7686). On the other end, March was the most stable month, with a tight range of 0.0219 NOK (High: 0.8098 / Low: 0.7879).

September Spread (Volatile) ±0.0824
March Spread (Stable) ±0.0219

Growth Streaks & Declines

Trends

Between June and December, 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 March and April, when the average rate fell by 0.0280 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.8534) against the same month in 2010 (average: 0.8565), the exchange rate shifted by -0.0031 (-0.36%).

2011 Avg (December) 0.8534
2010 Avg (December) 0.8565

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8527 0.8270 0.8381
February 0.8377 0.7971 0.8179
March 0.8098 0.7879 0.7994
April 0.7908 0.7474 0.7714
May 0.8051 0.7474 0.7828
June 0.8085 0.7636 0.7815
July 0.8094 0.7645 0.7819
August 0.8020 0.7646 0.7825
September 0.8510 0.7686 0.8072
October 0.8532 0.7731 0.8095
November 0.8605 0.8002 0.8284
December 0.8743 0.8338 0.8534