2011 NOK to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NOK to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NOK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 207.0049. Conversely, the yearly low was recorded on January 12, dropping to 187.8348.
This high-to-low spread represents a total annual volatility of 19.1701 KRW. From a start-to-finish perspective, comparing the January average rate of 191.1060 to the December average rate of 195.1738, the exchange rate registered a net change of 2.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 207.0049 was up 2.68% compared to the 2010 peak of 201.5992, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
NOK to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 197.3578, compared to 197.9313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5735 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was September, with a trading range of 11.3960 KRW (High: 204.0369 / Low: 192.6409). On the other end, March was the most stable month, with a tight range of 5.0228 KRW (High: 202.0927 / Low: 197.0700).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 6.4003 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 203.9153) against the same month in 2010 (average: 192.4769), the exchange rate shifted by +11.4385 (+5.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 194.3096 | 187.8348 | 191.1060 |
| February | 202.0956 | 190.9337 | 195.0049 |
| March | 202.0927 | 197.0700 | 200.2382 |
| April | 204.0471 | 197.7830 | 200.8327 |
| May | 204.0471 | 194.7786 | 198.2680 |
| June | 202.4100 | 195.2771 | 198.6967 |
| July | 198.9752 | 189.5180 | 194.3203 |
| August | 200.7801 | 194.0824 | 197.6769 |
| September | 204.0369 | 192.6409 | 198.9864 |
| October | 207.0049 | 201.3578 | 203.9153 |
| November | 201.0162 | 194.5873 | 197.5150 |
| December | 199.6092 | 192.1113 | 195.1738 |