YEARLY HIGH
0.6549 AED
YEARLY LOW
0.5507 AED
YEARLY AVERAGE
0.6084 AED

2010 NOK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NOK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.6549. Conversely, the yearly low was recorded on June 8, dropping to 0.5507.

This high-to-low spread represents a total annual volatility of 0.1042 AED. From a start-to-finish perspective, comparing the January average rate of 0.6389 to the December average rate of 0.6143, the exchange rate registered a net change of -3.85% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 3,274 AED
Yearly Average 3,042 AED
Yearly Trough Low 2,754 AED
Transaction Impact: A difference of 520.82 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.6461
0.5604
JanuMarcMayJulySeptNove

NOK to AED 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 0.6088, compared to 0.6080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.6088
H2 Avg (Jul–Dec) 0.6080

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0683 AED (High: 0.6226 / Low: 0.5543). On the other end, April was the most stable month, with a tight range of 0.0126 AED (High: 0.6269 / Low: 0.6143).

May Spread (Volatile) ±0.0683
April Spread (Stable) ±0.0126

Growth Streaks & Declines

Trends

Between June and October, 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 0.0354 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0354

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.6389.

2010 Avg (January) 0.6389
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6549 0.6221 0.6389
February 0.6286 0.6117 0.6197
March 0.6308 0.6062 0.6202
April 0.6269 0.6143 0.6209
May 0.6226 0.5543 0.5855
June 0.5779 0.5507 0.5675
July 0.6044 0.5661 0.5853
August 0.6163 0.5789 0.5970
September 0.6280 0.5922 0.6061
October 0.6407 0.6222 0.6297
November 0.6414 0.5915 0.6157
December 0.6295 0.5979 0.6143