YEARLY HIGH
14.5750 CVE
YEARLY LOW
13.7744 CVE
YEARLY AVERAGE
14.1494 CVE

2011 NOK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 14.5750. Conversely, the yearly low was recorded on May 5, dropping to 13.7744.

This high-to-low spread represents a total annual volatility of 0.8005 CVE. From a start-to-finish perspective, comparing the January average rate of 14.0887 to the December average rate of 14.2321, the exchange rate registered a net change of 1.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 14.5750 was up 2.10% compared to the 2010 peak of 14.2759, 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 72,875 CVE
2010 Average 68,874 CVE
Yearly Trough Low 68,872 CVE
Transaction Impact: A difference of 4,002.69 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

14.2998
14.0207
JanuMarcMayJulySeptNove

NOK to CVE 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 14.0923, compared to 14.2065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1141 points.

H1 Avg (Jan–Jun) 14.0923
H2 Avg (Jul–Dec) 14.2065

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.6073 CVE (High: 14.5750 / Low: 13.9676). On the other end, April was the most stable month, with a tight range of 0.2368 CVE (High: 14.2034 / Low: 13.9666).

September Spread (Volatile) ±0.6073
April Spread (Stable) ±0.2368

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0925 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0925

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 14.2766) against the same month in 2010 (average: 13.9442), the exchange rate shifted by +0.3324 (+2.38%).

2011 Avg (September) 14.2766
2010 Avg (September) 13.9442

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.3414 13.8519 14.0887
February 14.2789 13.9099 14.1067
March 14.3526 13.9410 14.0885
April 14.2034 13.9666 14.1365
May 14.2316 13.7744 14.0440
June 14.2164 13.9477 14.0896
July 14.3202 14.0223 14.1853
August 14.4243 13.9900 14.1439
September 14.5750 13.9676 14.2766
October 14.4543 13.9345 14.2333
November 14.4207 14.0488 14.1677
December 14.3539 14.0787 14.2321