2011 NOK to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NOK to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NOK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 92.1832. Conversely, the yearly low was recorded on January 3, dropping to 80.0400.
This high-to-low spread represents a total annual volatility of 12.1432 CLP. From a start-to-finish perspective, comparing the January average rate of 83.4953 to the December average rate of 87.8439, the exchange rate registered a net change of 5.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 92.1832 was up 0.22% compared to the 2010 peak of 91.9766, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
NOK to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 85.2255, compared to 87.2877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0623 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was January, with a trading range of 5.3913 CLP (High: 85.4313 / Low: 80.0400). On the other end, April was the most stable month, with a tight range of 1.7443 CLP (High: 88.2392 / Low: 86.4949).
Growth Streaks & Declines
TrendsBetween July and October, 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 October and November, when the average rate fell by 1.6912 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 90.1045) against the same month in 2010 (average: 82.9786), the exchange rate shifted by +7.1259 (+8.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 85.4313 | 80.0400 | 83.4953 |
| February | 85.2566 | 80.5626 | 82.9497 |
| March | 87.0726 | 84.9039 | 85.7932 |
| April | 88.2392 | 86.4949 | 87.1986 |
| May | 88.2232 | 84.1662 | 85.5353 |
| June | 87.4104 | 84.4825 | 86.3806 |
| July | 86.9828 | 82.8846 | 84.9513 |
| August | 87.2108 | 84.1669 | 85.8962 |
| September | 89.5245 | 84.2621 | 86.5173 |
| October | 92.1832 | 88.3869 | 90.1045 |
| November | 89.7282 | 86.2555 | 88.4132 |
| December | 89.1540 | 86.6941 | 87.8439 |