2011 HNL to NOK Historical Review

YEARLY HIGH

0.3172 NOK

YEARLY LOW

0.2770 NOK

YEARLY AVERAGE

0.2964 NOK

2011 HNL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.3172. Conversely, the yearly low was recorded on May 1, dropping to 0.2770.

This high-to-low spread represents a total annual volatility of 0.0402 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3096 to the December average rate of 0.3104, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3172 was down 10.02% compared to the 2010 peak of 0.3525, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,586 NOK

2010 Average 1,598 NOK

Yearly Trough Low 1,385 NOK

Transaction Impact: A difference of 200.93 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3129

0.2829

JanuMarcMayJulySeptNove

HNL 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 0.2951, compared to 0.2977 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.2951

H2 Avg (Jul–Dec) 0.2977

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0275 NOK (High: 0.3131 / Low: 0.2856). On the other end, March was the most stable month, with a tight range of 0.0083 NOK (High: 0.3002 / Low: 0.2919).

October Spread (Volatile) ±0.0275

March Spread (Stable) ±0.0083

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 0.0103 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.3104) against the same month in 2010 (average: 0.3160), the exchange rate shifted by -0.0056 (-1.78%).

2011 Avg (December) 0.3104

2010 Avg (December) 0.3160

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3159	0.3042	0.3096
February	0.3098	0.2956	0.3029
March	0.3002	0.2919	0.2957
April	0.2913	0.2770	0.2854
May	0.2964	0.2770	0.2892
June	0.2940	0.2828	0.2877
July	0.2964	0.2832	0.2880
August	0.2940	0.2841	0.2892
September	0.3099	0.2859	0.2970
October	0.3131	0.2856	0.2984
November	0.3132	0.2954	0.3033
December	0.3172	0.3032	0.3104