YEARLY HIGH
0.9318 NOK
YEARLY LOW
0.8045 NOK
YEARLY AVERAGE
0.8638 NOK

2011 MMK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.9318. Conversely, the yearly low was recorded on May 1, dropping to 0.8045.

This high-to-low spread represents a total annual volatility of 0.1272 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8997 to the December average rate of 0.9085, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9318 was down 9.05% compared to the 2010 peak of 1.0245, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,659 NOK
2010 Average 4,643 NOK
Yearly Trough Low 4,023 NOK
Transaction Impact: A difference of 636.08 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9164
0.8212
JanuMarcMayJulySeptNove

MMK 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 0.8574, compared to 0.8703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.8574
H2 Avg (Jul–Dec) 0.8703

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0854 NOK (High: 0.9132 / Low: 0.8277). On the other end, March was the most stable month, with a tight range of 0.0242 NOK (High: 0.8725 / Low: 0.8483).

September Spread (Volatile) ±0.0854
March Spread (Stable) ±0.0242

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 0.0299 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.9085) against the same month in 2010 (average: 0.9184), the exchange rate shifted by -0.0100 (-1.09%).

2011 Avg (December) 0.9085
2010 Avg (December) 0.9184

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9182 0.8840 0.8997
February 0.9004 0.8586 0.8800
March 0.8725 0.8483 0.8591
April 0.8460 0.8045 0.8292
May 0.8609 0.8045 0.8402
June 0.8544 0.8214 0.8359
July 0.8604 0.8228 0.8390
August 0.8592 0.8230 0.8414
September 0.9132 0.8277 0.8700
October 0.9151 0.8325 0.8741
November 0.9245 0.8608 0.8890
December 0.9318 0.8831 0.9085