2011 ETB to NOK Historical Review

YEARLY HIGH

0.4699 NOK

YEARLY LOW

0.3113 NOK

YEARLY AVERAGE

0.3585 NOK

2011 ETB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.4699. Conversely, the yearly low was recorded on May 2, dropping to 0.3113.

This high-to-low spread represents a total annual volatility of 0.1587 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4602 to the December average rate of 0.3411, the exchange rate registered a net change of -25.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4699 was down 21.15% compared to the 2010 peak of 0.5960, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,350 NOK

2010 Average 2,613 NOK

Yearly Trough Low 1,556 NOK

Transaction Impact: A difference of 793.38 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4743

0.3049

JanuMarcMayJulySeptNove

ETB 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 0.3881, compared to 0.3289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0592 points.

H1 Avg (Jan–Jun) 0.3881

H2 Avg (Jul–Dec) 0.3289

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.1188 NOK (High: 0.4302 / Low: 0.3115). On the other end, August was the most stable month, with a tight range of 0.0105 NOK (High: 0.3242 / Low: 0.3137).

April Spread (Volatile) ±0.1188

August Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.1025 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.4602) against the same month in 2010 (average: 0.5338), the exchange rate shifted by -0.0736 (-13.78%).

2011 Avg (January) 0.4602

2010 Avg (January) 0.5338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4699	0.4518	0.4602
February	0.4596	0.4376	0.4492
March	0.4441	0.4316	0.4374
April	0.4302	0.3115	0.3349
May	0.3327	0.3113	0.3249
June	0.3289	0.3170	0.3219
July	0.3300	0.3150	0.3205
August	0.3242	0.3137	0.3190
September	0.3423	0.3153	0.3280
October	0.3461	0.3164	0.3300
November	0.3443	0.3272	0.3345
December	0.3483	0.3330	0.3411