YEARLY HIGH
0.7839 ARS
YEARLY LOW
0.6648 ARS
YEARLY AVERAGE
0.7370 ARS

2011 NOK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 0.7839. Conversely, the yearly low was recorded on January 9, dropping to 0.6648.

This high-to-low spread represents a total annual volatility of 0.1190 ARS. From a start-to-finish perspective, comparing the January average rate of 0.6795 to the December average rate of 0.7287, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7839 was up 13.45% compared to the 2010 peak of 0.6909, 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 3,919 ARS
2010 Average 3,239 ARS
Yearly Trough Low 3,324 ARS
Transaction Impact: A difference of 595.21 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7740
0.6709
JanuMarcMayJulySeptNove

NOK to ARS 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 0.7259, compared to 0.7482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.7259
H2 Avg (Jul–Dec) 0.7482

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0718 ARS (High: 0.7814 / Low: 0.7097). On the other end, March was the most stable month, with a tight range of 0.0233 ARS (High: 0.7335 / Low: 0.7102).

October Spread (Volatile) ±0.0718
March Spread (Stable) ±0.0233

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 0.0155 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.7654) against the same month in 2010 (average: 0.6399), the exchange rate shifted by +0.1256 (+19.62%).

2011 Avg (August) 0.7654
2010 Avg (August) 0.6399

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6932 0.6648 0.6795
February 0.7207 0.6860 0.7019
March 0.7335 0.7102 0.7214
April 0.7792 0.7362 0.7532
May 0.7792 0.7283 0.7469
June 0.7648 0.7347 0.7524
July 0.7718 0.7355 0.7565
August 0.7839 0.7527 0.7654
September 0.7810 0.7172 0.7500
October 0.7814 0.7097 0.7471
November 0.7579 0.7200 0.7414
December 0.7457 0.7150 0.7287