YEARLY HIGH
40.6559 HUF
YEARLY LOW
33.3221 HUF
YEARLY AVERAGE
35.8335 HUF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 203,279 HUF
2010 Average 171,977 HUF
Yearly Trough Low 166,610 HUF
Transaction Impact: A difference of 36,668.90 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

40.2626
33.4113
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 34.4233
H2 Avg (Jul–Dec) 37.2438

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±2.3754
April Spread (Stable) ±0.6080

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.6078

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2011 Avg (December) 39.3210
2010 Avg (December) 35.0847

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