YEARLY HIGH
0.9896 DKK
YEARLY LOW
0.9391 DKK
YEARLY AVERAGE
0.9558 DKK

2011 NOK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 0.9896. Conversely, the yearly low was recorded on May 17, dropping to 0.9391.

This high-to-low spread represents a total annual volatility of 0.0505 DKK. From a start-to-finish perspective, comparing the January average rate of 0.9519 to the December average rate of 0.9593, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9896 was up 2.66% compared to the 2010 peak of 0.9639, 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 4,948 DKK
2010 Average 4,650 DKK
Yearly Trough Low 4,696 DKK
Transaction Impact: A difference of 252.35 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9659
0.9496
JanuMarcMayJulySeptNove

NOK to DKK 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 0.9527, compared to 0.9589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.9527
H2 Avg (Jul–Dec) 0.9589

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0459 DKK (High: 0.9896 / Low: 0.9437). On the other end, December was the most stable month, with a tight range of 0.0144 DKK (High: 0.9679 / Low: 0.9535).

September Spread (Volatile) ±0.0459
December Spread (Stable) ±0.0144

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 October and November, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.9646) against the same month in 2010 (average: 0.9409), the exchange rate shifted by +0.0236 (+2.51%).

2011 Avg (September) 0.9646
2010 Avg (September) 0.9409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9648 0.9393 0.9519
February 0.9655 0.9400 0.9535
March 0.9684 0.9425 0.9518
April 0.9600 0.9449 0.9557
May 0.9621 0.9391 0.9510
June 0.9615 0.9410 0.9524
July 0.9650 0.9477 0.9583
August 0.9728 0.9473 0.9552
September 0.9896 0.9437 0.9646
October 0.9711 0.9444 0.9605
November 0.9643 0.9481 0.9557
December 0.9679 0.9535 0.9593