YEARLY HIGH
1.2393 CNY
YEARLY LOW
1.0506 CNY
YEARLY AVERAGE
1.1545 CNY

2011 NOK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.2393. Conversely, the yearly low was recorded on December 29, dropping to 1.0506.

This high-to-low spread represents a total annual volatility of 0.1887 CNY. From a start-to-finish perspective, comparing the January average rate of 1.1268 to the December average rate of 1.0781, the exchange rate registered a net change of -4.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.2393 was up 1.81% compared to the 2010 peak of 1.2173, 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 6,197 CNY
2010 Average 5,607 CNY
Yearly Trough Low 5,253 CNY
Transaction Impact: A difference of 943.71 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2224
1.0650
JanuMarcMayJulySeptNove

NOK to CNY 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 1.1728, compared to 1.1362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0366 points.

H1 Avg (Jan–Jun) 1.1728
H2 Avg (Jul–Dec) 1.1362

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0976 CNY (High: 1.1731 / Low: 1.0755). On the other end, March was the most stable month, with a tight range of 0.0286 CNY (High: 1.1858 / Low: 1.1572).

October Spread (Volatile) ±0.0976
March Spread (Stable) ±0.0286

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 0.0371 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.2093) against the same month in 2010 (average: 1.1540), the exchange rate shifted by +0.0552 (+4.79%).

2011 Avg (April) 1.2093
2010 Avg (April) 1.1540

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1439 1.1092 1.1268
February 1.1758 1.1249 1.1487
March 1.1858 1.1572 1.1742
April 1.2393 1.1889 1.2093
May 1.2393 1.1606 1.1878
June 1.2121 1.1641 1.1901
July 1.2068 1.1554 1.1860
August 1.1996 1.1583 1.1775
September 1.1864 1.0913 1.1403
October 1.1731 1.0755 1.1286
November 1.1339 1.0761 1.1064
December 1.1061 1.0506 1.0781