YEARLY HIGH
0.0509 NOK
YEARLY LOW
0.0464 NOK
YEARLY AVERAGE
0.0483 NOK

2011 ISK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ISK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0509. Conversely, the yearly low was recorded on August 1, dropping to 0.0464.

This high-to-low spread represents a total annual volatility of 0.0045 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0502 to the December average rate of 0.0487, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0509 was down 5.72% compared to the 2010 peak of 0.0540, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 255 NOK
2010 Average 248 NOK
Yearly Trough Low 232 NOK
Transaction Impact: A difference of 22.59 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0505
0.0467
JanuMarcMayJulySeptNove

ISK 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 0.0484, compared to 0.0482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0484
H2 Avg (Jul–Dec) 0.0482

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0030 NOK (High: 0.0495 / Low: 0.0465). On the other end, July was the most stable month, with a tight range of 0.0010 NOK (High: 0.0476 / Low: 0.0465).

September Spread (Volatile) ±0.0030
July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between July and November, 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 January and February, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0502) against the same month in 2010 (average: 0.0457), the exchange rate shifted by +0.0046 (+9.97%).

2011 Avg (January) 0.0502
2010 Avg (January) 0.0457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0509 0.0493 0.0502
February 0.0501 0.0482 0.0491
March 0.0491 0.0479 0.0485
April 0.0485 0.0473 0.0478
May 0.0487 0.0469 0.0478
June 0.0479 0.0468 0.0472
July 0.0476 0.0465 0.0470
August 0.0481 0.0464 0.0475
September 0.0495 0.0465 0.0481
October 0.0497 0.0478 0.0487
November 0.0494 0.0481 0.0490
December 0.0492 0.0482 0.0487