YEARLY HIGH
0.4768 PGK
YEARLY LOW
0.3540 PGK
YEARLY AVERAGE
0.4204 PGK

2011 NOK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.4768. Conversely, the yearly low was recorded on December 29, dropping to 0.3540.

This high-to-low spread represents a total annual volatility of 0.1228 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4469 to the December average rate of 0.3617, the exchange rate registered a net change of -19.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4768 was down 0.39% compared to the 2010 peak of 0.4787, 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 2,384 PGK
2010 Average 2,233 PGK
Yearly Trough Low 1,770 PGK
Transaction Impact: A difference of 614.20 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4768
0.3512
JanuMarcMayJulySeptNove

NOK to PGK 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 0.4508, compared to 0.3900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0608 points.

H1 Avg (Jan–Jun) 0.4508
H2 Avg (Jul–Dec) 0.3900

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0439 PGK (High: 0.4528 / Low: 0.4089). On the other end, March was the most stable month, with a tight range of 0.0138 PGK (High: 0.4688 / Low: 0.4550).

June Spread (Volatile) ±0.0439
March Spread (Stable) ±0.0138

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 April and May, when the average rate fell by 0.0230 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.4663) against the same month in 2010 (average: 0.4530), the exchange rate shifted by +0.0133 (+2.94%).

2011 Avg (April) 0.4663
2010 Avg (April) 0.4530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4585 0.4339 0.4469
February 0.4629 0.4469 0.4556
March 0.4688 0.4550 0.4626
April 0.4768 0.4581 0.4663
May 0.4674 0.4321 0.4433
June 0.4528 0.4089 0.4302
July 0.4283 0.4051 0.4177
August 0.4233 0.4018 0.4097
September 0.4117 0.3774 0.3948
October 0.4000 0.3731 0.3861
November 0.3817 0.3590 0.3701
December 0.3703 0.3540 0.3617