YEARLY HIGH
1.0805 NOK
YEARLY LOW
1.0071 NOK
YEARLY AVERAGE
1.0481 NOK

2011 HRK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HRK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 1.0805. Conversely, the yearly low was recorded on September 9, dropping to 1.0071.

This high-to-low spread represents a total annual volatility of 0.0734 NOK. From a start-to-finish perspective, comparing the January average rate of 1.0577 to the December average rate of 1.0318, the exchange rate registered a net change of -2.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0805 was down 4.86% compared to the 2010 peak of 1.1357, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,403 NOK
2010 Average 5,494 NOK
Yearly Trough Low 5,036 NOK
Transaction Impact: A difference of 366.82 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0624
1.0278
JanuMarcMayJulySeptNove

HRK 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 1.0579, compared to 1.0382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 1.0579
H2 Avg (Jul–Dec) 1.0382

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0463 NOK (High: 1.0534 / Low: 1.0071). On the other end, December was the most stable month, with a tight range of 0.0152 NOK (High: 1.0392 / Low: 1.0241).

September Spread (Volatile) ±0.0463
December Spread (Stable) ±0.0152

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 0.0142 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 1.0594) against the same month in 2010 (average: 1.0887), the exchange rate shifted by -0.0293 (-2.69%).

2011 Avg (May) 1.0594
2010 Avg (May) 1.0887

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0711 1.0413 1.0577
February 1.0698 1.0407 1.0543
March 1.0724 1.0364 1.0595
April 1.0715 1.0552 1.0594
May 1.0805 1.0406 1.0594
June 1.0719 1.0410 1.0569
July 1.0581 1.0351 1.0470
August 1.0558 1.0278 1.0449
September 1.0534 1.0071 1.0307
October 1.0545 1.0209 1.0358
November 1.0470 1.0281 1.0393
December 1.0392 1.0241 1.0318