YEARLY HIGH
0.5698 MYR
YEARLY LOW
0.5134 MYR
YEARLY AVERAGE
0.5459 MYR

2011 NOK to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.5698. Conversely, the yearly low was recorded on January 9, dropping to 0.5134.

This high-to-low spread represents a total annual volatility of 0.0564 MYR. From a start-to-finish perspective, comparing the January average rate of 0.5227 to the December average rate of 0.5369, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5698 was down 4.18% compared to the 2010 peak of 0.5946, 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 2,849 MYR
2010 Average 2,667 MYR
Yearly Trough Low 2,567 MYR
Transaction Impact: A difference of 282.11 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5615
0.5192
JanuMarcMayJulySeptNove

NOK to MYR 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 0.5437, compared to 0.5481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.5437
H2 Avg (Jul–Dec) 0.5481

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0297 MYR (High: 0.5698 / Low: 0.5401). On the other end, March was the most stable month, with a tight range of 0.0098 MYR (High: 0.5479 / Low: 0.5381).

October Spread (Volatile) ±0.0297
March Spread (Stable) ±0.0098

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 November and December, when the average rate fell by 0.0123 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.5551) against the same month in 2010 (average: 0.5315), the exchange rate shifted by +0.0236 (+4.44%).

2011 Avg (October) 0.5551
2010 Avg (October) 0.5315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5301 0.5134 0.5227
February 0.5462 0.5215 0.5313
March 0.5479 0.5381 0.5426
April 0.5658 0.5493 0.5579
May 0.5658 0.5434 0.5512
June 0.5620 0.5478 0.5565
July 0.5615 0.5377 0.5496
August 0.5564 0.5430 0.5489
September 0.5556 0.5422 0.5489
October 0.5698 0.5401 0.5551
November 0.5599 0.5394 0.5491
December 0.5487 0.5280 0.5369