2011 NOK to AZN Historical Review

YEARLY HIGH

0.1510 AZN

YEARLY LOW

0.1307 AZN

YEARLY AVERAGE

0.1410 AZN

2011 NOK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1510. Conversely, the yearly low was recorded on December 29, dropping to 0.1307.

This high-to-low spread represents a total annual volatility of 0.0204 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1361 to the December average rate of 0.1336, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1510 was up 5.89% compared to the 2010 peak of 0.1426, 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 755 AZN

2010 Average 667 AZN

Yearly Trough Low 653 AZN

Transaction Impact: A difference of 101.82 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1480

0.1323

JanuMarcMayJulySeptNove

NOK to AZN 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 0.1421, compared to 0.1398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1421

H2 Avg (Jul–Dec) 0.1398

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0122 AZN (High: 0.1450 / Low: 0.1328). On the other end, March was the most stable month, with a tight range of 0.0039 AZN (High: 0.1434 / Low: 0.1396).

October Spread (Volatile) ±0.0122

March Spread (Stable) ±0.0039

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 0.0042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.1467) against the same month in 2010 (average: 0.1367), the exchange rate shifted by +0.0099 (+7.25%).

2011 Avg (April) 0.1467

2010 Avg (April) 0.1367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1385	0.1333	0.1361
February	0.1420	0.1356	0.1387
March	0.1434	0.1396	0.1418
April	0.1510	0.1438	0.1467
May	0.1510	0.1409	0.1445
June	0.1474	0.1415	0.1447
July	0.1468	0.1403	0.1444
August	0.1468	0.1424	0.1445
September	0.1459	0.1343	0.1403
October	0.1450	0.1328	0.1393
November	0.1404	0.1326	0.1369
December	0.1369	0.1307	0.1336