YEARLY HIGH
0.7012 AED
YEARLY LOW
0.6105 AED
YEARLY AVERAGE
0.6560 AED

2011 NOK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.7012. Conversely, the yearly low was recorded on December 29, dropping to 0.6105.

This high-to-low spread represents a total annual volatility of 0.0907 AED. From a start-to-finish perspective, comparing the January average rate of 0.6272 to the December average rate of 0.6243, the exchange rate registered a net change of -0.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7012 was up 7.08% compared to the 2010 peak of 0.6549, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,506 AED
2010 Average 3,042 AED
Yearly Trough Low 3,053 AED
Transaction Impact: A difference of 453.69 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6862
0.6187
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 0.6587, compared to 0.6532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.6587
H2 Avg (Jul–Dec) 0.6532

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0574 AED (High: 0.6775 / Low: 0.6201). On the other end, March was the most stable month, with a tight range of 0.0184 AED (High: 0.6650 / Low: 0.6466).

October Spread (Volatile) ±0.0574
March Spread (Stable) ±0.0184

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0197 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.6805) against the same month in 2010 (average: 0.6209), the exchange rate shifted by +0.0596 (+9.61%).

2011 Avg (April) 0.6805
2010 Avg (April) 0.6209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6382 0.6144 0.6272
February 0.6571 0.6266 0.6412
March 0.6650 0.6466 0.6567
April 0.7012 0.6669 0.6805
May 0.7012 0.6553 0.6716
June 0.6869 0.6603 0.6750
July 0.6858 0.6560 0.6746
August 0.6858 0.6648 0.6752
September 0.6816 0.6273 0.6555
October 0.6775 0.6201 0.6504
November 0.6554 0.6195 0.6393
December 0.6397 0.6105 0.6243