YEARLY HIGH
240.3017 MNT
YEARLY LOW
208.8934 MNT
YEARLY AVERAGE
224.4213 MNT

2011 NOK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 240.3017. Conversely, the yearly low was recorded on January 11, dropping to 208.8934.

This high-to-low spread represents a total annual volatility of 31.4082 MNT. From a start-to-finish perspective, comparing the January average rate of 212.5308 to the December average rate of 231.8686, the exchange rate registered a net change of 9.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 240.3017 was down 8.49% compared to the 2010 peak of 262.5867, 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 1,201,508 MNT
2010 Average 1,120,598 MNT
Yearly Trough Low 1,044,467 MNT
Transaction Impact: A difference of 157,041.18 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

233.8024
210.5970
JanuMarcMayJulySeptNove

NOK to MNT 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 221.5949, compared to 227.2478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6530 points.

H1 Avg (Jan–Jun) 221.5949
H2 Avg (Jul–Dec) 227.2478

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 25.3164 MNT (High: 238.4815 / Low: 213.1651). On the other end, January was the most stable month, with a tight range of 6.7901 MNT (High: 215.6836 / Low: 208.8934).

October Spread (Volatile) ±25.3164
January Spread (Stable) ±6.7901

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 2.3460 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.3460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 224.8955) against the same month in 2010 (average: 220.7055), the exchange rate shifted by +4.1900 (+1.90%).

2011 Avg (May) 224.8955
2010 Avg (May) 220.7055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 215.6836 208.8934 212.5308
February 223.2374 213.7105 217.8515
March 224.9872 212.9035 218.9236
April 240.0216 216.4695 225.1884
May 240.3017 216.4751 224.8955
June 234.1747 225.1647 230.1794
July 233.6680 220.0369 228.3636
August 232.9409 221.2604 226.0280
September 232.1595 214.8301 223.6820
October 238.4815 213.1651 226.7416
November 234.8557 222.4443 226.8031
December 235.7981 228.6441 231.8686