YEARLY HIGH
234.0345 BIF
YEARLY LOW
190.1327 BIF
YEARLY AVERAGE
216.0378 BIF

2011 NOK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 234.0345. Conversely, the yearly low was recorded on January 11, dropping to 190.1327.

This high-to-low spread represents a total annual volatility of 43.9018 BIF. From a start-to-finish perspective, comparing the January average rate of 193.7944 to the December average rate of 219.0161, the exchange rate registered a net change of 13.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 234.0345 was up 15.30% compared to the 2010 peak of 202.9844, 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 1,170,173 BIF
2010 Average 941,268 BIF
Yearly Trough Low 950,663 BIF
Transaction Impact: A difference of 219,509.03 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

228.9110
190.6020
JanuMarcMayJulySeptNove

NOK to BIF 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 211.7116, compared to 220.3641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.6524 points.

H1 Avg (Jan–Jun) 211.7116
H2 Avg (Jul–Dec) 220.3641

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 28.0219 BIF (High: 234.0345 / Low: 206.0126). On the other end, March was the most stable month, with a tight range of 5.3619 BIF (High: 205.9900 / Low: 200.6281).

April Spread (Volatile) ±28.0219
March Spread (Stable) ±5.3619

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 6.4839 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.4839

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 225.2882) against the same month in 2010 (average: 192.9356), the exchange rate shifted by +32.3526 (+16.77%).

2011 Avg (April) 225.2882
2010 Avg (April) 192.9356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 197.9290 190.1327 193.7944
February 203.3920 194.0620 198.5506
March 205.9900 200.6281 203.2474
April 234.0345 206.0126 225.2882
May 234.0345 217.6605 224.0412
June 229.5091 220.6809 225.3479
July 229.7940 218.6910 225.3620
August 229.5911 222.8308 225.7186
September 228.5214 209.8506 219.2347
October 227.2061 208.0858 217.7869
November 225.8088 208.2682 215.0661
December 229.1539 212.7233 219.0161