YEARLY HIGH
0.6950 QAR
YEARLY LOW
0.6052 QAR
YEARLY AVERAGE
0.6502 QAR

2011 NOK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.6950. Conversely, the yearly low was recorded on December 29, dropping to 0.6052.

This high-to-low spread represents a total annual volatility of 0.0898 QAR. From a start-to-finish perspective, comparing the January average rate of 0.6216 to the December average rate of 0.6189, the exchange rate registered a net change of -0.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6950 was up 7.08% compared to the 2010 peak of 0.6490, 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 3,475 QAR
2010 Average 3,015 QAR
Yearly Trough Low 3,026 QAR
Transaction Impact: A difference of 449.00 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6800
0.6134
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 0.6528, compared to 0.6475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.6528
H2 Avg (Jul–Dec) 0.6475

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0569 QAR (High: 0.6714 / Low: 0.6146). On the other end, March was the most stable month, with a tight range of 0.0182 QAR (High: 0.6591 / Low: 0.6409).

October Spread (Volatile) ±0.0569
March Spread (Stable) ±0.0182

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 0.0195 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.6745) against the same month in 2010 (average: 0.6154), the exchange rate shifted by +0.0591 (+9.61%).

2011 Avg (April) 0.6745
2010 Avg (April) 0.6154

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6325 0.6090 0.6216
February 0.6512 0.6210 0.6355
March 0.6591 0.6409 0.6509
April 0.6950 0.6610 0.6745
May 0.6950 0.6495 0.6657
June 0.6807 0.6544 0.6690
July 0.6797 0.6502 0.6686
August 0.6797 0.6589 0.6692
September 0.6756 0.6217 0.6497
October 0.6714 0.6146 0.6446
November 0.6496 0.6144 0.6338
December 0.6342 0.6052 0.6189