YEARLY HIGH
0.2338 BND
YEARLY LOW
0.2162 BND
YEARLY AVERAGE
0.2244 BND

2011 NOK to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.2338. Conversely, the yearly low was recorded on December 29, dropping to 0.2162.

This high-to-low spread represents a total annual volatility of 0.0176 BND. From a start-to-finish perspective, comparing the January average rate of 0.2199 to the December average rate of 0.2202, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2338 was down 5.93% compared to the 2010 peak of 0.2486, 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 1,169 BND
2010 Average 1,129 BND
Yearly Trough Low 1,081 BND
Transaction Impact: A difference of 88.24 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2322
0.2187
JanuMarcMayJulySeptNove

NOK to BND 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 0.2256, compared to 0.2231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.2256
H2 Avg (Jul–Dec) 0.2231

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0147 BND (High: 0.2321 / Low: 0.2174). On the other end, March was the most stable month, with a tight range of 0.0037 BND (High: 0.2287 / Low: 0.2250).

October Spread (Volatile) ±0.0147
March Spread (Stable) ±0.0037

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 April and May, when the average rate fell by 0.0048 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.2311) against the same month in 2010 (average: 0.2343), the exchange rate shifted by -0.0032 (-1.36%).

2011 Avg (April) 0.2311
2010 Avg (April) 0.2343

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2229 0.2167 0.2199
February 0.2279 0.2190 0.2228
March 0.2287 0.2250 0.2268
April 0.2338 0.2279 0.2311
May 0.2338 0.2228 0.2263
June 0.2304 0.2228 0.2269
July 0.2299 0.2173 0.2235
August 0.2252 0.2190 0.2224
September 0.2249 0.2187 0.2217
October 0.2321 0.2174 0.2259
November 0.2278 0.2211 0.2246
December 0.2256 0.2162 0.2202