YEARLY HIGH
0.1354 JOD
YEARLY LOW
0.1180 JOD
YEARLY AVERAGE
0.1266 JOD

2011 NOK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.1354. Conversely, the yearly low was recorded on December 29, dropping to 0.1180.

This high-to-low spread represents a total annual volatility of 0.0174 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1210 to the December average rate of 0.1206, the exchange rate registered a net change of -0.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1354 was up 7.22% compared to the 2010 peak of 0.1263, 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 677 JOD
2010 Average 587 JOD
Yearly Trough Low 590 JOD
Transaction Impact: A difference of 87.22 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1324
0.1195
JanuMarcMayJulySeptNove

NOK to JOD 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 0.1271, compared to 0.1261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1271
H2 Avg (Jul–Dec) 0.1261

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0112 JOD (High: 0.1309 / Low: 0.1197). On the other end, March was the most stable month, with a tight range of 0.0035 JOD (High: 0.1283 / Low: 0.1248).

October Spread (Volatile) ±0.0112
March Spread (Stable) ±0.0035

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 0.0038 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.1296) against the same month in 2010 (average: 0.1130), the exchange rate shifted by +0.0166 (+14.73%).

2011 Avg (May) 0.1296
2010 Avg (May) 0.1130

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1232 0.1185 0.1210
February 0.1268 0.1209 0.1237
March 0.1283 0.1248 0.1267
April 0.1354 0.1288 0.1313
May 0.1354 0.1265 0.1296
June 0.1326 0.1274 0.1303
July 0.1324 0.1265 0.1302
August 0.1323 0.1282 0.1303
September 0.1316 0.1210 0.1265
October 0.1309 0.1197 0.1256
November 0.1267 0.1198 0.1235
December 0.1236 0.1180 0.1206