2011 NOK to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NOK to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NOK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 40.6559. Conversely, the yearly low was recorded on May 5, dropping to 33.3221.
This high-to-low spread represents a total annual volatility of 7.3338 HUF. From a start-to-finish perspective, comparing the January average rate of 35.1531 to the December average rate of 39.3210, the exchange rate registered a net change of 11.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 40.6559 was up 10.77% compared to the 2010 peak of 36.7021, 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 HUF 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 34.4233, compared to 37.2438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8205 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 2.3754 HUF (High: 39.4783 / Low: 37.1030). On the other end, April was the most stable month, with a tight range of 0.6080 HUF (High: 34.3438 / Low: 33.7357).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6078 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 39.3210) against the same month in 2010 (average: 35.0847), the exchange rate shifted by +4.2364 (+12.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.3213 | 34.1448 | 35.1531 |
| February | 35.3940 | 34.0818 | 34.6730 |
| March | 35.3660 | 33.7898 | 34.5900 |
| April | 34.3438 | 33.7357 | 33.9822 |
| May | 34.5958 | 33.3221 | 34.0518 |
| June | 34.7089 | 33.5914 | 34.0896 |
| July | 34.9669 | 33.9568 | 34.3871 |
| August | 35.4707 | 34.5593 | 34.9330 |
| September | 37.6904 | 35.5156 | 36.8386 |
| October | 39.4783 | 37.1030 | 38.2911 |
| November | 40.6200 | 38.9320 | 39.6917 |
| December | 40.6559 | 38.7986 | 39.3210 |