2011 NOK to PEN Historical Review

YEARLY HIGH

0.5421 PEN

YEARLY LOW

0.4483 PEN

YEARLY AVERAGE

0.4921 PEN

2011 NOK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.5421. Conversely, the yearly low was recorded on December 29, dropping to 0.4483.

This high-to-low spread represents a total annual volatility of 0.0937 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4762 to the December average rate of 0.4586, the exchange rate registered a net change of -3.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5421 was up 1.18% compared to the 2010 peak of 0.5357, 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 2,710 PEN

2010 Average 2,489 PEN

Yearly Trough Low 2,242 PEN

Transaction Impact: A difference of 468.63 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5281

0.4522

JanuMarcMayJulySeptNove

NOK to PEN 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 0.4992, compared to 0.4851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.4992

H2 Avg (Jul–Dec) 0.4851

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0500 PEN (High: 0.5421 / Low: 0.4921). On the other end, January was the most stable month, with a tight range of 0.0127 PEN (High: 0.4821 / Low: 0.4694).

May Spread (Volatile) ±0.0500

January Spread (Stable) ±0.0127

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 August and September, when the average rate fell by 0.0141 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.5082) against the same month in 2010 (average: 0.4790), the exchange rate shifted by +0.0292 (+6.09%).

2011 Avg (May) 0.5082

2010 Avg (May) 0.4790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4821	0.4694	0.4762
February	0.4972	0.4720	0.4841
March	0.5080	0.4877	0.4968
April	0.5389	0.5096	0.5218
May	0.5421	0.4921	0.5082
June	0.5215	0.4963	0.5079
July	0.5131	0.4894	0.5037
August	0.5113	0.4978	0.5036
September	0.5067	0.4727	0.4895
October	0.4999	0.4690	0.4840
November	0.4836	0.4574	0.4712
December	0.4699	0.4483	0.4586