YEARLY HIGH
16.2691 JMD
YEARLY LOW
14.3297 JMD
YEARLY AVERAGE
15.3419 JMD

2011 NOK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 16.2691. Conversely, the yearly low was recorded on December 29, dropping to 14.3297.

This high-to-low spread represents a total annual volatility of 1.9395 JMD. From a start-to-finish perspective, comparing the January average rate of 14.8320 to the December average rate of 14.6598, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 16.2691 was up 2.47% compared to the 2010 peak of 15.8772, 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 81,346 JMD
2010 Average 72,653 JMD
Yearly Trough Low 71,648 JMD
Transaction Impact: A difference of 9,697.32 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

15.9539
14.5422
JanuMarcMayJulySeptNove

NOK to JMD 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 15.4359, compared to 15.2480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1879 points.

H1 Avg (Jan–Jun) 15.4359
H2 Avg (Jul–Dec) 15.2480

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.3633 JMD (High: 15.8691 / Low: 14.5058). On the other end, March was the most stable month, with a tight range of 0.4329 JMD (High: 15.7842 / Low: 15.3514).

October Spread (Volatile) ±1.3633
March Spread (Stable) ±0.4329

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 0.4427 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4427

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 15.8363) against the same month in 2010 (average: 14.9739), the exchange rate shifted by +0.8624 (+5.76%).

2011 Avg (April) 15.8363
2010 Avg (April) 14.9739

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.1292 14.5462 14.8320
February 15.5879 14.8081 15.1686
March 15.7842 15.3514 15.5584
April 16.2691 15.5310 15.8363
May 16.2691 15.1533 15.5601
June 15.9649 15.2826 15.6599
July 15.9791 15.2524 15.6707
August 15.9885 15.4680 15.7121
September 15.9003 14.5906 15.2694
October 15.8691 14.5058 15.1997
November 15.3409 14.4957 14.9763
December 15.0158 14.3297 14.6598