YEARLY HIGH
2.4573 MXN
YEARLY LOW
2.0373 MXN
YEARLY AVERAGE
2.2178 MXN

2011 NOK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 2.4573. Conversely, the yearly low was recorded on January 12, dropping to 2.0373.

This high-to-low spread represents a total annual volatility of 0.4199 MXN. From a start-to-finish perspective, comparing the January average rate of 2.0731 to the December average rate of 2.3388, the exchange rate registered a net change of 12.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.4573 was up 8.18% compared to the 2010 peak of 2.2714, 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 12,286 MXN
2010 Average 10,460 MXN
Yearly Trough Low 10,187 MXN
Transaction Impact: A difference of 2,099.64 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.4171
2.0418
JanuMarcMayJulySeptNove

NOK to MXN 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 2.1322, compared to 2.3034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1712 points.

H1 Avg (Jan–Jun) 2.1322
H2 Avg (Jul–Dec) 2.3034

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1585 MXN (High: 2.4573 / Low: 2.2988). On the other end, June was the most stable month, with a tight range of 0.0492 MXN (High: 2.1937 / Low: 2.1444).

October Spread (Volatile) ±0.1585
June Spread (Stable) ±0.0492

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0470 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 2.3797) against the same month in 2010 (average: 2.1322), the exchange rate shifted by +0.2475 (+11.61%).

2011 Avg (October) 2.3797
2010 Avg (October) 2.1322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1208 2.0373 2.0731
February 2.1728 2.0594 2.1057
March 2.1775 2.1185 2.1457
April 2.1987 2.1458 2.1684
May 2.1983 2.0928 2.1298
June 2.1937 2.1444 2.1708
July 2.1743 2.1035 2.1432
August 2.3258 2.1788 2.2510
September 2.3782 2.2816 2.3219
October 2.4573 2.2988 2.3797
November 2.4196 2.3523 2.3858
December 2.3763 2.3124 2.3388