YEARLY HIGH
0.1161 GBP
YEARLY LOW
0.1066 GBP
YEARLY AVERAGE
0.1113 GBP

2011 NOK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 0.1161. Conversely, the yearly low was recorded on February 11, dropping to 0.1066.

This high-to-low spread represents a total annual volatility of 0.0094 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1083 to the December average rate of 0.1090, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1161 was up 2.02% compared to the 2010 peak of 0.1138, 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 580 GBP
2010 Average 536 GBP
Yearly Trough Low 533 GBP
Transaction Impact: A difference of 47.09 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1143
0.1077
JanuMarcMayJulySeptNove

NOK to GBP 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 0.1109, compared to 0.1117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1109
H2 Avg (Jul–Dec) 0.1117

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0063 GBP (High: 0.1160 / Low: 0.1097). On the other end, November was the most stable month, with a tight range of 0.0023 GBP (High: 0.1114 / Low: 0.1092).

September Spread (Volatile) ±0.0063
November Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between February and April, 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 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.1137) against the same month in 2010 (average: 0.1042), the exchange rate shifted by +0.0095 (+9.15%).

2011 Avg (July) 0.1137
2010 Avg (July) 0.1042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1108 0.1071 0.1083
February 0.1105 0.1066 0.1083
March 0.1127 0.1097 0.1107
April 0.1144 0.1120 0.1132
May 0.1151 0.1100 0.1118
June 0.1158 0.1112 0.1134
July 0.1161 0.1113 0.1137
August 0.1147 0.1109 0.1124
September 0.1160 0.1097 0.1129
October 0.1146 0.1095 0.1123
November 0.1114 0.1092 0.1101
December 0.1112 0.1070 0.1090