YEARLY HIGH
223.7323 IQD
YEARLY LOW
194.0021 IQD
YEARLY AVERAGE
209.1973 IQD

2011 NOK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 223.7323. Conversely, the yearly low was recorded on December 29, dropping to 194.0021.

This high-to-low spread represents a total annual volatility of 29.7303 IQD. From a start-to-finish perspective, comparing the January average rate of 200.5425 to the December average rate of 198.6673, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 223.7323 was up 8.77% compared to the 2010 peak of 205.6870, 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 1,118,662 IQD
2010 Average 966,986 IQD
Yearly Trough Low 970,010 IQD
Transaction Impact: A difference of 148,651.32 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

219.3667
196.7856
JanuMarcMayJulySeptNove

NOK to IQD 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 210.4648, compared to 207.9297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5351 points.

H1 Avg (Jan–Jun) 210.4648
H2 Avg (Jul–Dec) 207.9297

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 18.5308 IQD (High: 215.8560 / Low: 197.3251). On the other end, March was the most stable month, with a tight range of 6.2689 IQD (High: 213.2269 / Low: 206.9579).

October Spread (Volatile) ±18.5308
March Spread (Stable) ±6.2689

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 6.0738 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.0738

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 214.0621) against the same month in 2010 (average: 186.5670), the exchange rate shifted by +27.4951 (+14.74%).

2011 Avg (May) 214.0621
2010 Avg (May) 186.5670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 204.6807 195.2929 200.5425
February 210.8494 200.9901 205.6648
March 213.2269 206.9579 210.3528
April 223.5831 212.9059 217.4849
May 223.7323 208.4247 214.0621
June 218.3105 209.7167 214.6819
July 218.3885 208.4701 214.5932
August 218.3190 211.5935 214.8620
September 217.0447 199.9045 208.7882
October 215.8560 197.3251 207.0792
November 208.6741 197.1854 203.5884
December 203.5177 194.0021 198.6673