YEARLY HIGH
0.1334 EUR
YEARLY LOW
0.1258 EUR
YEARLY AVERAGE
0.1283 EUR

2011 NOK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 0.1334. Conversely, the yearly low was recorded on May 17, dropping to 0.1258.

This high-to-low spread represents a total annual volatility of 0.0076 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1277 to the December average rate of 0.1291, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1334 was up 2.67% compared to the 2010 peak of 0.1299, 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 667 EUR
2010 Average 624 EUR
Yearly Trough Low 629 EUR
Transaction Impact: A difference of 37.95 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1298
0.1274
JanuMarcMayJulySeptNove

NOK to EUR 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 0.1278, compared to 0.1288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1278
H2 Avg (Jul–Dec) 0.1288

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0068 EUR (High: 0.1334 / Low: 0.1266). On the other end, December was the most stable month, with a tight range of 0.0019 EUR (High: 0.1302 / Low: 0.1283).

September Spread (Volatile) ±0.0068
December Spread (Stable) ±0.0019

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 September and October, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.1296) against the same month in 2010 (average: 0.1263), the exchange rate shifted by +0.0033 (+2.61%).

2011 Avg (September) 0.1296
2010 Avg (September) 0.1263

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1295 0.1260 0.1277
February 0.1296 0.1261 0.1279
March 0.1298 0.1261 0.1276
April 0.1288 0.1267 0.1281
May 0.1290 0.1258 0.1276
June 0.1292 0.1260 0.1277
July 0.1294 0.1269 0.1285
August 0.1306 0.1268 0.1282
September 0.1334 0.1266 0.1296
October 0.1304 0.1269 0.1290
November 0.1294 0.1275 0.1284
December 0.1302 0.1283 0.1291