2011 NOK to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NOK to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NOK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 1371.6910. Conversely, the yearly low was recorded on October 3, dropping to 1130.3141.
This high-to-low spread represents a total annual volatility of 241.3768 GNF. From a start-to-finish perspective, comparing the January average rate of 1233.2745 to the December average rate of 1177.6799, the exchange rate registered a net change of -4.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 1371.6910 was up 13.51% compared to the 2010 peak of 1208.4263, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
NOK to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1270.6024, compared to 1199.4781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 71.1243 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was January, with a trading range of 146.7081 GNF (High: 1313.1747 / Low: 1166.4666). On the other end, July was the most stable month, with a tight range of 59.1598 GNF (High: 1250.1613 / Low: 1191.0015).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 62.2173 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2011: 1275.9902) against the same month in 2010 (average: 847.6048), the exchange rate shifted by +428.3853 (+50.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1313.1747 | 1166.4666 | 1233.2745 |
| February | 1342.5059 | 1241.2574 | 1286.3946 |
| March | 1371.6910 | 1241.5197 | 1275.9902 |
| April | 1345.8662 | 1285.0669 | 1308.0071 |
| May | 1348.4773 | 1209.9695 | 1291.0827 |
| June | 1253.1784 | 1192.9907 | 1228.8654 |
| July | 1250.1613 | 1191.0015 | 1227.9179 |
| August | 1310.8578 | 1208.5326 | 1235.1231 |
| September | 1227.1204 | 1131.4564 | 1177.7197 |
| October | 1264.3070 | 1130.3141 | 1196.5430 |
| November | 1238.2628 | 1146.4301 | 1181.8848 |
| December | 1221.5478 | 1155.9603 | 1177.6799 |