YEARLY HIGH
0.1163 GIP
YEARLY LOW
0.1065 GIP
YEARLY AVERAGE
0.1114 GIP

2011 NOK to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 0.1163. Conversely, the yearly low was recorded on December 28, dropping to 0.1065.

This high-to-low spread represents a total annual volatility of 0.0098 GIP. From a start-to-finish perspective, comparing the January average rate of 0.1084 to the December average rate of 0.1089, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1163 was up 2.03% compared to the 2010 peak of 0.1140, 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 581 GIP
2010 Average 536 GIP
Yearly Trough Low 532 GIP
Transaction Impact: A difference of 49.09 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1145
0.1077
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 0.1110, compared to 0.1118 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) 0.1110
H2 Avg (Jul–Dec) 0.1118

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0063 GIP (High: 0.1161 / Low: 0.1098). On the other end, April was the most stable month, with a tight range of 0.0025 GIP (High: 0.1146 / Low: 0.1121).

September Spread (Volatile) ±0.0063
April Spread (Stable) ±0.0025

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 0.0022 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.1139) against the same month in 2010 (average: 0.1043), the exchange rate shifted by +0.0097 (+9.26%).

2011 Avg (July) 0.1139
2010 Avg (July) 0.1043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1107 0.1068 0.1084
February 0.1103 0.1066 0.1083
March 0.1126 0.1097 0.1108
April 0.1146 0.1121 0.1132
May 0.1152 0.1100 0.1118
June 0.1160 0.1113 0.1134
July 0.1163 0.1110 0.1139
August 0.1144 0.1106 0.1124
September 0.1161 0.1098 0.1129
October 0.1149 0.1095 0.1124
November 0.1119 0.1091 0.1102
December 0.1114 0.1065 0.1089