YEARLY HIGH
0.6490 QAR
YEARLY LOW
0.5458 QAR
YEARLY AVERAGE
0.6030 QAR

2010 NOK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NOK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.6490. Conversely, the yearly low was recorded on June 8, dropping to 0.5458.

This high-to-low spread represents a total annual volatility of 0.1032 QAR. From a start-to-finish perspective, comparing the January average rate of 0.6333 to the December average rate of 0.6089, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 3,245 QAR
Yearly Average 3,015 QAR
Yearly Trough Low 2,729 QAR
Transaction Impact: A difference of 516.21 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.6404
0.5554
JanuMarcMayJulySeptNove

NOK to QAR 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 0.6034, compared to 0.6026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.6034
H2 Avg (Jul–Dec) 0.6026

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0677 QAR (High: 0.6171 / Low: 0.5494). On the other end, April was the most stable month, with a tight range of 0.0125 QAR (High: 0.6213 / Low: 0.6088).

May Spread (Volatile) ±0.0677
April Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, when the average rate fell by 0.0351 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.6333.

2010 Avg (January) 0.6333
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6490 0.6165 0.6333
February 0.6230 0.6063 0.6142
March 0.6252 0.6008 0.6147
April 0.6213 0.6088 0.6154
May 0.6171 0.5494 0.5803
June 0.5728 0.5458 0.5625
July 0.5990 0.5611 0.5801
August 0.6108 0.5737 0.5917
September 0.6224 0.5869 0.6007
October 0.6350 0.6166 0.6240
November 0.6357 0.5862 0.6103
December 0.6239 0.5926 0.6089