YEARLY HIGH
0.2952 GHS
YEARLY LOW
0.2419 GHS
YEARLY AVERAGE
0.2758 GHS

2011 NOK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.2952. Conversely, the yearly low was recorded on February 18, dropping to 0.2419.

This high-to-low spread represents a total annual volatility of 0.0533 GHS. From a start-to-finish perspective, comparing the January average rate of 0.2568 to the December average rate of 0.2788, the exchange rate registered a net change of 8.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2952 was up 15.80% compared to the 2010 peak of 0.2549, 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 1,476 GHS
2010 Average 1,187 GHS
Yearly Trough Low 1,209 GHS
Transaction Impact: A difference of 266.54 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2884
0.2539
JanuMarcMayJulySeptNove

NOK to GHS 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 0.2711, compared to 0.2804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.2711
H2 Avg (Jul–Dec) 0.2804

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0331 GHS (High: 0.2750 / Low: 0.2419). On the other end, March was the most stable month, with a tight range of 0.0072 GHS (High: 0.2760 / Low: 0.2687).

February Spread (Volatile) ±0.0331
March Spread (Stable) ±0.0072

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 October and November, when the average rate fell by 0.0035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.2855) against the same month in 2010 (average: 0.2451), the exchange rate shifted by +0.0404 (+16.47%).

2011 Avg (October) 0.2855
2010 Avg (October) 0.2451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2709 0.2473 0.2568
February 0.2750 0.2419 0.2631
March 0.2760 0.2687 0.2726
April 0.2866 0.2728 0.2794
May 0.2869 0.2695 0.2760
June 0.2849 0.2723 0.2786
July 0.2840 0.2709 0.2781
August 0.2853 0.2759 0.2803
September 0.2857 0.2696 0.2778
October 0.2952 0.2714 0.2855
November 0.2888 0.2767 0.2820
December 0.2865 0.2725 0.2788