YEARLY HIGH
53.4427 MRO
YEARLY LOW
46.8610 MRO
YEARLY AVERAGE
49.9423 MRO

2011 NOK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 53.4427. Conversely, the yearly low was recorded on January 9, dropping to 46.8610.

This high-to-low spread represents a total annual volatility of 6.5817 MRO. From a start-to-finish perspective, comparing the January average rate of 47.8564 to the December average rate of 48.6749, the exchange rate registered a net change of 1.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 53.4427 was up 8.05% compared to the 2010 peak of 49.4598, 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 267,214 MRO
2010 Average 226,787 MRO
Yearly Trough Low 234,305 MRO
Transaction Impact: A difference of 32,908.66 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

51.4185
47.5326
JanuMarcMayJulySeptNove

NOK to MRO 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 49.7194, compared to 50.1652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4458 points.

H1 Avg (Jan–Jun) 49.7194
H2 Avg (Jul–Dec) 50.1652

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 5.7790 MRO (High: 53.4427 / Low: 47.6637). On the other end, January was the most stable month, with a tight range of 1.6803 MRO (High: 48.5413 / Low: 46.8610).

October Spread (Volatile) ±5.7790
January Spread (Stable) ±1.6803

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 October and November, when the average rate fell by 1.3084 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 50.8988) against the same month in 2010 (average: 48.5530), the exchange rate shifted by +2.3458 (+4.83%).

2011 Avg (October) 50.8988
2010 Avg (October) 48.5530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.5413 46.8610 47.8564
February 51.4856 47.9132 49.2269
March 51.3883 49.3032 50.4660
April 52.1623 49.7001 50.9549
May 52.0278 48.3054 49.6518
June 51.2773 49.0082 50.1602
July 51.7845 49.2771 50.5885
August 52.2672 49.8399 51.0947
September 52.2611 48.2772 50.1440
October 53.4427 47.6637 50.8988
November 51.1001 48.3134 49.5904
December 50.0611 47.8096 48.6749