YEARLY HIGH
0.0524 KWD
YEARLY LOW
0.0463 KWD
YEARLY AVERAGE
0.0494 KWD

2011 NOK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0524. Conversely, the yearly low was recorded on December 29, dropping to 0.0463.

This high-to-low spread represents a total annual volatility of 0.0062 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0480 to the December average rate of 0.0472, the exchange rate registered a net change of -1.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0524 was up 2.56% compared to the 2010 peak of 0.0511, 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 262 KWD
2010 Average 238 KWD
Yearly Trough Low 231 KWD
Transaction Impact: A difference of 30.82 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0516
0.0468
JanuMarcMayJulySeptNove

NOK to KWD 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 0.0498, compared to 0.0490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0498
H2 Avg (Jul–Dec) 0.0490

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0038 KWD (High: 0.0505 / Low: 0.0468). On the other end, March was the most stable month, with a tight range of 0.0012 KWD (High: 0.0502 / Low: 0.0490).

October Spread (Volatile) ±0.0038
March Spread (Stable) ±0.0012

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 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0504) against the same month in 2010 (average: 0.0463), the exchange rate shifted by +0.0041 (+8.86%).

2011 Avg (May) 0.0504
2010 Avg (May) 0.0463

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0486 0.0472 0.0480
February 0.0498 0.0478 0.0489
March 0.0502 0.0490 0.0497
April 0.0524 0.0504 0.0512
May 0.0524 0.0493 0.0504
June 0.0514 0.0495 0.0505
July 0.0512 0.0491 0.0503
August 0.0509 0.0494 0.0502
September 0.0508 0.0473 0.0491
October 0.0505 0.0468 0.0488
November 0.0492 0.0468 0.0481
December 0.0483 0.0463 0.0472