YEARLY HIGH
0.1838 CAD
YEARLY LOW
0.1662 CAD
YEARLY AVERAGE
0.1765 CAD

2011 NOK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.1838. Conversely, the yearly low was recorded on January 9, dropping to 0.1662.

This high-to-low spread represents a total annual volatility of 0.0177 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1698 to the December average rate of 0.1739, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1838 was up 0.04% compared to the 2010 peak of 0.1838, 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 919 CAD
2010 Average 853 CAD
Yearly Trough Low 831 CAD
Transaction Impact: A difference of 88.39 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1817
0.1687
JanuMarcMayJulySeptNove

NOK to CAD 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 0.1751, compared to 0.1779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1751
H2 Avg (Jul–Dec) 0.1779

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0101 CAD (High: 0.1838 / Low: 0.1737). On the other end, March was the most stable month, with a tight range of 0.0043 CAD (High: 0.1767 / Low: 0.1724).

September Spread (Volatile) ±0.0101
March Spread (Stable) ±0.0043

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 November and December, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.1785) against the same month in 2010 (average: 0.1706), the exchange rate shifted by +0.0079 (+4.64%).

2011 Avg (September) 0.1785
2010 Avg (September) 0.1706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1731 0.1662 0.1698
February 0.1759 0.1690 0.1723
March 0.1767 0.1724 0.1747
April 0.1809 0.1752 0.1774
May 0.1814 0.1740 0.1770
June 0.1828 0.1767 0.1797
July 0.1796 0.1714 0.1756
August 0.1831 0.1779 0.1806
September 0.1838 0.1737 0.1785
October 0.1833 0.1776 0.1805
November 0.1812 0.1755 0.1785
December 0.1776 0.1698 0.1739