YEARLY HIGH
1.1375 EGP
YEARLY LOW
0.9703 EGP
YEARLY AVERAGE
1.0618 EGP

2011 NOK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 1.1375. Conversely, the yearly low was recorded on January 9, dropping to 0.9703.

This high-to-low spread represents a total annual volatility of 0.1672 EGP. From a start-to-finish perspective, comparing the January average rate of 0.9927 to the December average rate of 1.0233, the exchange rate registered a net change of 3.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1375 was up 13.92% compared to the 2010 peak of 0.9985, 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 5,687 EGP
2010 Average 4,667 EGP
Yearly Trough Low 4,851 EGP
Transaction Impact: A difference of 835.78 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.1147
0.9816
JanuMarcMayJulySeptNove

NOK to EGP 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 1.0607, compared to 1.0628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 1.0607
H2 Avg (Jul–Dec) 1.0628

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0958 EGP (High: 1.1019 / Low: 1.0060). On the other end, August was the most stable month, with a tight range of 0.0356 EGP (High: 1.1127 / Low: 1.0772).

October Spread (Volatile) ±0.0958
August Spread (Stable) ±0.0356

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 0.0306 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 1.0883) against the same month in 2010 (average: 0.8964), the exchange rate shifted by +0.1920 (+21.42%).

2011 Avg (May) 1.0883
2010 Avg (May) 0.8964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0135 0.9703 0.9927
February 1.0537 1.0034 1.0264
March 1.0798 1.0439 1.0597
April 1.1359 1.0814 1.1036
May 1.1375 1.0605 1.0883
June 1.1107 1.0669 1.0936
July 1.1138 1.0610 1.0943
August 1.1127 1.0772 1.0953
September 1.1124 1.0202 1.0647
October 1.1019 1.0060 1.0571
November 1.0649 1.0134 1.0420
December 1.0488 1.0017 1.0233