YEARLY HIGH
1.4829 HKD
YEARLY LOW
1.2920 HKD
YEARLY AVERAGE
1.3904 HKD

2011 NOK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.4829. Conversely, the yearly low was recorded on December 29, dropping to 1.2920.

This high-to-low spread represents a total annual volatility of 0.1909 HKD. From a start-to-finish perspective, comparing the January average rate of 1.3285 to the December average rate of 1.3221, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4829 was up 7.24% compared to the 2010 peak of 1.3827, 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 7,415 HKD
2010 Average 6,434 HKD
Yearly Trough Low 6,460 HKD
Transaction Impact: A difference of 954.65 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4520
1.3102
JanuMarcMayJulySeptNove

NOK to HKD 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 1.3958, compared to 1.3850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 1.3958
H2 Avg (Jul–Dec) 1.3850

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1179 HKD (High: 1.4324 / Low: 1.3144). On the other end, March was the most stable month, with a tight range of 0.0359 HKD (High: 1.4086 / Low: 1.3728).

October Spread (Volatile) ±0.1179
March Spread (Stable) ±0.0359

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 August and September, when the average rate fell by 0.0424 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.4402) against the same month in 2010 (average: 1.3123), the exchange rate shifted by +0.1279 (+9.75%).

2011 Avg (April) 1.4402
2010 Avg (April) 1.3123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3528 1.3003 1.3285
February 1.3935 1.3298 1.3599
March 1.4086 1.3728 1.3934
April 1.4829 1.4126 1.4402
May 1.4829 1.3875 1.4217
June 1.4548 1.4022 1.4308
July 1.4545 1.3925 1.4307
August 1.4548 1.4113 1.4335
September 1.4460 1.3322 1.3911
October 1.4324 1.3144 1.3775
November 1.3864 1.3156 1.3549
December 1.3552 1.2920 1.3221