2011 NOK to NGN Historical Review

YEARLY HIGH

29.5758 NGN

YEARLY LOW

25.4861 NGN

YEARLY AVERAGE

27.8341 NGN

2011 NOK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 29.5758. Conversely, the yearly low was recorded on January 9, dropping to 25.4861.

This high-to-low spread represents a total annual volatility of 4.0898 NGN. From a start-to-finish perspective, comparing the January average rate of 26.0565 to the December average rate of 27.6092, the exchange rate registered a net change of 5.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 29.5758 was up 9.98% compared to the 2010 peak of 26.8911, 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 147,879 NGN

2010 Average 125,155 NGN

Yearly Trough Low 127,430 NGN

Transaction Impact: A difference of 20,448.83 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

28.9127

25.7969

JanuMarcMayJulySeptNove

NOK to NGN 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 27.7182, compared to 27.9501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2319 points.

H1 Avg (Jan–Jun) 27.7182

H2 Avg (Jul–Dec) 27.9501

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 2.7935 NGN (High: 29.5758 / Low: 26.7824). On the other end, March was the most stable month, with a tight range of 0.6921 NGN (High: 28.1041 / Low: 27.4120).

October Spread (Volatile) ±2.7935

March Spread (Stable) ±0.6921

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 0.6724 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6724

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 28.3310) against the same month in 2010 (average: 26.0718), the exchange rate shifted by +2.2592 (+8.67%).

2011 Avg (October) 28.3310

2010 Avg (October) 26.0718

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.4083	25.4861	26.0565
February	27.4335	26.0278	26.6948
March	28.1041	27.4120	27.7338
April	29.5255	28.0541	28.6530
May	29.5255	27.8194	28.5476
June	29.0555	28.1768	28.6234
July	28.5209	27.1540	27.9694
August	28.9287	27.4433	28.2419
September	28.9619	26.8438	27.8904
October	29.5758	26.7824	28.3310
November	28.3406	26.8987	27.6586
December	28.1898	27.0839	27.6092