YEARLY HIGH
2.6332 MVR
YEARLY LOW
2.1414 MVR
YEARLY AVERAGE
2.4330 MVR

2011 NOK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 2.6332. Conversely, the yearly low was recorded on January 9, dropping to 2.1414.

This high-to-low spread represents a total annual volatility of 0.4918 MVR. From a start-to-finish perspective, comparing the January average rate of 2.1857 to the December average rate of 2.3945, the exchange rate registered a net change of 9.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.6332 was up 15.38% compared to the 2010 peak of 2.2823, 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 13,166 MVR
2010 Average 10,602 MVR
Yearly Trough Low 10,707 MVR
Transaction Impact: A difference of 2,458.90 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.6288
2.1454
JanuMarcMayJulySeptNove

NOK to MVR 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 2.3599, compared to 2.5061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1463 points.

H1 Avg (Jan–Jun) 2.3599
H2 Avg (Jul–Dec) 2.5061

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.2815 MVR (High: 2.6127 / Low: 2.3312). On the other end, March was the most stable month, with a tight range of 0.0637 MVR (High: 2.3178 / Low: 2.2540).

May Spread (Volatile) ±0.2815
March Spread (Stable) ±0.0637

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0723 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 2.5844) against the same month in 2010 (average: 1.9781), the exchange rate shifted by +0.6063 (+30.65%).

2011 Avg (June) 2.5844
2010 Avg (June) 1.9781

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2241 2.1414 2.1857
February 2.2904 2.1838 2.2348
March 2.3178 2.2540 2.2891
April 2.4443 2.3242 2.3719
May 2.6127 2.3312 2.4933
June 2.6332 2.5281 2.5844
July 2.6328 2.5095 2.5866
August 2.6303 2.5505 2.5885
September 2.6140 2.4133 2.5162
October 2.5984 2.3857 2.4988
November 2.5149 2.3656 2.4523
December 2.4515 2.3446 2.3945