YEARLY HIGH
1.0648 NOK
YEARLY LOW
1.0105 NOK
YEARLY AVERAGE
1.0463 NOK

2011 DKK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the DKK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 1.0648. Conversely, the yearly low was recorded on September 9, dropping to 1.0105.

This high-to-low spread represents a total annual volatility of 0.0543 NOK. From a start-to-finish perspective, comparing the January average rate of 1.0507 to the December average rate of 1.0424, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0648 was down 4.42% compared to the 2010 peak of 1.1141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,324 NOK
2010 Average 5,377 NOK
Yearly Trough Low 5,053 NOK
Transaction Impact: A difference of 271.53 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0531
1.0355
JanuMarcMayJulySeptNove

DKK 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 1.0497, compared to 1.0429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 1.0497
H2 Avg (Jul–Dec) 1.0429

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0491 NOK (High: 1.0596 / Low: 1.0105). On the other end, December was the most stable month, with a tight range of 0.0156 NOK (High: 1.0488 / Low: 1.0332).

September Spread (Volatile) ±0.0491
December Spread (Stable) ±0.0156

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 0.0100 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 1.0516) against the same month in 2010 (average: 1.0622), the exchange rate shifted by -0.0106 (-1.00%).

2011 Avg (May) 1.0516
2010 Avg (May) 1.0622

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0646 1.0365 1.0507
February 1.0638 1.0357 1.0488
March 1.0610 1.0326 1.0507
April 1.0583 1.0417 1.0464
May 1.0648 1.0394 1.0516
June 1.0627 1.0400 1.0500
July 1.0552 1.0362 1.0436
August 1.0557 1.0280 1.0469
September 1.0596 1.0105 1.0369
October 1.0588 1.0298 1.0412
November 1.0548 1.0370 1.0464
December 1.0488 1.0332 1.0424