YEARLY HIGH
0.9929 HRK
YEARLY LOW
0.9255 HRK
YEARLY AVERAGE
0.9543 HRK

2011 NOK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 0.9929. Conversely, the yearly low was recorded on May 5, dropping to 0.9255.

This high-to-low spread represents a total annual volatility of 0.0674 HRK. From a start-to-finish perspective, comparing the January average rate of 0.9455 to the December average rate of 0.9692, the exchange rate registered a net change of 2.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9929 was up 4.64% compared to the 2010 peak of 0.9489, 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 4,965 HRK
2010 Average 4,552 HRK
Yearly Trough Low 4,627 HRK
Transaction Impact: A difference of 337.08 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9730
0.9413
JanuMarcMayJulySeptNove

NOK to HRK 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 0.9454, compared to 0.9633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0179 points.

H1 Avg (Jan–Jun) 0.9454
H2 Avg (Jul–Dec) 0.9633

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0436 HRK (High: 0.9929 / Low: 0.9493). On the other end, December was the most stable month, with a tight range of 0.0142 HRK (High: 0.9765 / Low: 0.9623).

September Spread (Volatile) ±0.0436
December Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0049 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.9704) against the same month in 2010 (average: 0.9208), the exchange rate shifted by +0.0496 (+5.39%).

2011 Avg (September) 0.9704
2010 Avg (September) 0.9208

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9604 0.9336 0.9455
February 0.9609 0.9348 0.9486
March 0.9649 0.9325 0.9439
April 0.9477 0.9333 0.9439
May 0.9610 0.9255 0.9440
June 0.9606 0.9329 0.9462
July 0.9661 0.9451 0.9551
August 0.9730 0.9472 0.9571
September 0.9929 0.9493 0.9704
October 0.9795 0.9483 0.9655
November 0.9726 0.9552 0.9622
December 0.9765 0.9623 0.9692