YEARLY HIGH
21.5551 ISK
YEARLY LOW
19.6421 ISK
YEARLY AVERAGE
20.7106 ISK

2011 NOK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 21.5551. Conversely, the yearly low was recorded on January 5, dropping to 19.6421.

This high-to-low spread represents a total annual volatility of 1.9131 ISK. From a start-to-finish perspective, comparing the January average rate of 19.9138 to the December average rate of 20.5508, the exchange rate registered a net change of 3.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 21.5551 was down 2.75% compared to the 2010 peak of 22.1638, 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 107,776 ISK
2010 Average 101,073 ISK
Yearly Trough Low 98,210 ISK
Transaction Impact: A difference of 9,565.34 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

21.4141
19.7774
JanuMarcMayJulySeptNove

NOK to ISK 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 20.6508, compared to 20.7703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1195 points.

H1 Avg (Jan–Jun) 20.6508
H2 Avg (Jul–Dec) 20.7703

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.2934 ISK (High: 21.4894 / Low: 20.1961). On the other end, December was the most stable month, with a tight range of 0.4413 ISK (High: 20.7488 / Low: 20.3074).

September Spread (Volatile) ±1.2934
December Spread (Stable) ±0.4413

Growth Streaks & Declines

Trends

Between January and July, 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 0.2678 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.2678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 21.0540) against the same month in 2010 (average: 19.3993), the exchange rate shifted by +1.6546 (+8.53%).

2011 Avg (August) 21.0540
2010 Avg (August) 19.3993

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.2815 19.6421 19.9138
February 20.7472 19.9755 20.3555
March 20.8779 20.3820 20.6040
April 21.1589 20.6026 20.9252
May 21.3148 20.5351 20.9325
June 21.3664 20.8677 21.1738
July 21.4834 21.0228 21.2777
August 21.5551 20.7916 21.0540
September 21.4894 20.1961 20.8023
October 20.9248 20.1180 20.5345
November 20.8114 20.2587 20.4028
December 20.7488 20.3074 20.5508