YEARLY HIGH
0.4670 NOK
YEARLY LOW
0.3798 NOK
YEARLY AVERAGE
0.4124 NOK

2011 MVR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MVR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.4670. Conversely, the yearly low was recorded on June 7, dropping to 0.3798.

This high-to-low spread represents a total annual volatility of 0.0872 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4576 to the December average rate of 0.4177, the exchange rate registered a net change of -8.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4670 was down 10.36% compared to the 2010 peak of 0.5209, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,335 NOK
2010 Average 2,361 NOK
Yearly Trough Low 1,899 NOK
Transaction Impact: A difference of 436.07 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4647
0.3792
JanuMarcMayJulySeptNove

MVR 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 0.4254, compared to 0.3995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0259 points.

H1 Avg (Jan–Jun) 0.4254
H2 Avg (Jul–Dec) 0.3995

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0462 NOK (High: 0.4290 / Low: 0.3828). On the other end, August was the most stable month, with a tight range of 0.0119 NOK (High: 0.3921 / Low: 0.3802).

May Spread (Volatile) ±0.0462
August Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0201 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.4576) against the same month in 2010 (average: 0.4492), the exchange rate shifted by +0.0084 (+1.87%).

2011 Avg (January) 0.4576
2010 Avg (January) 0.4492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4670 0.4496 0.4576
February 0.4579 0.4366 0.4476
March 0.4436 0.4315 0.4369
April 0.4302 0.4091 0.4217
May 0.4290 0.3828 0.4016
June 0.3955 0.3798 0.3870
July 0.3985 0.3798 0.3867
August 0.3921 0.3802 0.3864
September 0.4144 0.3825 0.3977
October 0.4192 0.3848 0.4005
November 0.4227 0.3976 0.4079
December 0.4265 0.4079 0.4177