YEARLY HIGH
0.0726 NOK
YEARLY LOW
0.0686 NOK
YEARLY AVERAGE
0.0707 NOK

2011 CVE to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CVE to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0726. Conversely, the yearly low was recorded on September 7, dropping to 0.0686.

This high-to-low spread represents a total annual volatility of 0.0040 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0710 to the December average rate of 0.0703, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0726 was down 3.72% compared to the 2010 peak of 0.0754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 363 NOK
2010 Average 363 NOK
Yearly Trough Low 343 NOK
Transaction Impact: A difference of 19.94 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0713
0.0699
JanuMarcMayJulySeptNove

CVE 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 0.0710, compared to 0.0704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0710
H2 Avg (Jul–Dec) 0.0704

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0030 NOK (High: 0.0716 / Low: 0.0686). On the other end, April was the most stable month, with a tight range of 0.0012 NOK (High: 0.0716 / Low: 0.0704).

September Spread (Volatile) ±0.0030
April Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0712) against the same month in 2010 (average: 0.0717), the exchange rate shifted by -0.0005 (-0.73%).

2011 Avg (May) 0.0712
2010 Avg (May) 0.0717

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0722 0.0697 0.0710
February 0.0719 0.0700 0.0709
March 0.0717 0.0697 0.0710
April 0.0716 0.0704 0.0707
May 0.0726 0.0703 0.0712
June 0.0717 0.0703 0.0710
July 0.0713 0.0698 0.0705
August 0.0715 0.0693 0.0707
September 0.0716 0.0686 0.0701
October 0.0718 0.0692 0.0703
November 0.0712 0.0693 0.0706
December 0.0710 0.0697 0.0703