YEARLY HIGH
0.0029 NOK
YEARLY LOW
0.0026 NOK
YEARLY AVERAGE
0.0028 NOK

2011 MGA to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MGA to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0029. Conversely, the yearly low was recorded on October 27, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0004 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0027, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0029 was down 5.70% compared to the 2010 peak of 0.0031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15 NOK
2010 Average 14 NOK
Yearly Trough Low 13 NOK
Transaction Impact: A difference of 1.80 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0028
0.0027
JanuMarcMayJulySeptNove

MGA 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 0.0028, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0028
H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0004 NOK (High: 0.0029 / Low: 0.0026). On the other end, March was the most stable month, with a tight range of 0.0001 NOK (High: 0.0028 / Low: 0.0028).

October Spread (Volatile) ±0.0004
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0027) against the same month in 2010 (average: 0.0029), the exchange rate shifted by -0.0002 (-7.43%).

2011 Avg (October) 0.0027
2010 Avg (October) 0.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0028 0.0027 0.0028
February 0.0029 0.0028 0.0028
March 0.0028 0.0028 0.0028
April 0.0028 0.0027 0.0027
May 0.0028 0.0027 0.0028
June 0.0029 0.0027 0.0028
July 0.0028 0.0027 0.0028
August 0.0028 0.0027 0.0028
September 0.0029 0.0027 0.0028
October 0.0029 0.0026 0.0027
November 0.0028 0.0026 0.0027
December 0.0028 0.0027 0.0027