2011 NOK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NOK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NOK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 30.7133. Conversely, the yearly low was recorded on January 9, dropping to 25.3229.
This high-to-low spread represents a total annual volatility of 5.3904 MWK. From a start-to-finish perspective, comparing the January average rate of 25.8490 to the December average rate of 27.8915, the exchange rate registered a net change of 7.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 30.7133 was up 16.02% compared to the 2010 peak of 26.4727, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
NOK to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 27.1422, compared to 28.5827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4405 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 2.8199 MWK (High: 30.7133 / Low: 27.8934). On the other end, March was the most stable month, with a tight range of 0.6003 MWK (High: 27.3641 / Low: 26.7639).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8174 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 29.3788) against the same month in 2010 (average: 25.9651), the exchange rate shifted by +3.4136 (+13.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.3882 | 25.3229 | 25.8490 |
| February | 27.1647 | 25.9343 | 26.4918 |
| March | 27.3641 | 26.7639 | 27.0682 |
| April | 28.8592 | 27.3733 | 28.0548 |
| May | 28.9327 | 26.8428 | 27.6511 |
| June | 28.4175 | 27.0915 | 27.7382 |
| July | 28.3387 | 27.1252 | 27.8146 |
| August | 29.6980 | 27.2770 | 28.6994 |
| September | 29.6187 | 27.9712 | 29.0032 |
| October | 30.7133 | 27.8934 | 29.3788 |
| November | 29.6142 | 27.6400 | 28.7089 |
| December | 28.7452 | 27.0344 | 27.8915 |