2011 NOK to BAM Historical Review

YEARLY HIGH

0.2603 BAM

YEARLY LOW

0.2445 BAM

YEARLY AVERAGE

0.2512 BAM

2011 NOK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 0.2603. Conversely, the yearly low was recorded on May 5, dropping to 0.2445.

This high-to-low spread represents a total annual volatility of 0.0158 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2502 to the December average rate of 0.2525, the exchange rate registered a net change of 0.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2603 was up 2.52% compared to the 2010 peak of 0.2539, 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 1,302 BAM

2010 Average 1,223 BAM

Yearly Trough Low 1,222 BAM

Transaction Impact: A difference of 79.20 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2539

0.2492

JanuMarcMayJulySeptNove

NOK to BAM 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 0.2502, compared to 0.2521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.2502

H2 Avg (Jul–Dec) 0.2521

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0135 BAM (High: 0.2603 / Low: 0.2468). On the other end, April was the most stable month, with a tight range of 0.0041 BAM (High: 0.2522 / Low: 0.2481).

September Spread (Volatile) ±0.0135

April Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.2535) against the same month in 2010 (average: 0.2474), the exchange rate shifted by +0.0061 (+2.48%).

2011 Avg (September) 0.2535

2010 Avg (September) 0.2474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2537	0.2469	0.2502
February	0.2538	0.2460	0.2504
March	0.2543	0.2475	0.2500
April	0.2522	0.2481	0.2510
May	0.2528	0.2445	0.2496
June	0.2524	0.2471	0.2500
July	0.2534	0.2489	0.2517
August	0.2557	0.2489	0.2511
September	0.2603	0.2468	0.2535
October	0.2586	0.2479	0.2527
November	0.2559	0.2492	0.2513
December	0.2549	0.2507	0.2525