YEARLY HIGH
0.1140 GIP
YEARLY LOW
0.1022 GIP
YEARLY AVERAGE
0.1072 GIP

2010 NOK to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NOK to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.1140. Conversely, the yearly low was recorded on August 26, dropping to 0.1022.

This high-to-low spread represents a total annual volatility of 0.0117 GIP. From a start-to-finish perspective, comparing the January average rate of 0.1077 to the December average rate of 0.1073, the exchange rate registered a net change of -0.34% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 570 GIP
Yearly Average 536 GIP
Yearly Trough Low 511 GIP
Transaction Impact: A difference of 58.63 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.1131
0.1031
JanuMarcMayJulySeptNove

NOK to GIP 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 0.1087, compared to 0.1057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1087
H2 Avg (Jul–Dec) 0.1057

Volatility Range Comparison

Volatility

The most volatile month in 2010 was December, with a trading range of 0.0062 GIP (High: 0.1104 / Low: 0.1042). On the other end, April was the most stable month, with a tight range of 0.0012 GIP (High: 0.1108 / Low: 0.1096).

December Spread (Volatile) ±0.0062
April Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for March 2010 is 0.1122.

2010 Avg (March) 0.1122
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1103 0.1051 0.1077
February 0.1112 0.1062 0.1083
March 0.1140 0.1105 0.1122
April 0.1108 0.1096 0.1103
May 0.1109 0.1052 0.1086
June 0.1063 0.1023 0.1048
July 0.1059 0.1023 0.1043
August 0.1056 0.1022 0.1039
September 0.1084 0.1044 0.1061
October 0.1101 0.1064 0.1081
November 0.1074 0.1031 0.1049
December 0.1104 0.1042 0.1073