YEARLY HIGH
386.5694 MGA
YEARLY LOW
339.3210 MGA
YEARLY AVERAGE
360.6436 MGA

2011 NOK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 386.5694. Conversely, the yearly low was recorded on October 4, dropping to 339.3210.

This high-to-low spread represents a total annual volatility of 47.2484 MGA. From a start-to-finish perspective, comparing the January average rate of 357.1792 to the December average rate of 363.7265, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 386.5694 was up 3.96% compared to the 2010 peak of 371.8620, 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 1,932,847 MGA
2010 Average 1,733,886 MGA
Yearly Trough Low 1,696,605 MGA
Transaction Impact: A difference of 236,241.98 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

372.2456
350.9124
JanuMarcMayJulySeptNove

NOK to MGA 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 358.0981, compared to 363.1891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0910 points.

H1 Avg (Jan–Jun) 358.0981
H2 Avg (Jul–Dec) 363.1891

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 47.2484 MGA (High: 386.5694 / Low: 339.3210). On the other end, March was the most stable month, with a tight range of 8.7948 MGA (High: 363.0315 / Low: 354.2367).

October Spread (Volatile) ±47.2484
March Spread (Stable) ±8.7948

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 6.3081 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.3081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 370.4678) against the same month in 2010 (average: 342.5732), the exchange rate shifted by +27.8947 (+8.14%).

2011 Avg (October) 370.4678
2010 Avg (October) 342.5732

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 368.0551 352.2216 357.1792
February 358.7068 346.2342 352.6902
March 363.0315 354.2367 358.4528
April 371.3546 357.0156 364.9577
May 371.3546 351.5035 358.6495
June 364.2241 349.5721 356.6590
July 369.1259 351.1999 359.5447
August 367.8926 355.7921 360.1833
September 370.2044 344.9418 358.0631
October 386.5694 339.3210 370.4678
November 377.9601 356.0471 367.1493
December 373.3209 359.4057 363.7265