YEARLY HIGH
0.5665 RON
YEARLY LOW
0.5157 RON
YEARLY AVERAGE
0.5439 RON

2011 NOK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.5665. Conversely, the yearly low was recorded on May 5, dropping to 0.5157.

This high-to-low spread represents a total annual volatility of 0.0508 RON. From a start-to-finish perspective, comparing the January average rate of 0.5449 to the December average rate of 0.5584, the exchange rate registered a net change of 2.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5665 was up 2.42% compared to the 2010 peak of 0.5530, 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 2,832 RON
2010 Average 2,630 RON
Yearly Trough Low 2,578 RON
Transaction Impact: A difference of 254.02 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5632
0.5208
JanuMarcMayJulySeptNove

NOK to RON 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 0.5342, compared to 0.5535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.5342
H2 Avg (Jul–Dec) 0.5535

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 0.0283 RON (High: 0.5464 / Low: 0.5182). On the other end, November was the most stable month, with a tight range of 0.0087 RON (High: 0.5649 / Low: 0.5562).

March Spread (Volatile) ±0.0283
November Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0116 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.5581) against the same month in 2010 (average: 0.5277), the exchange rate shifted by +0.0304 (+5.76%).

2011 Avg (October) 0.5581
2010 Avg (October) 0.5277

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5527 0.5360 0.5449
February 0.5478 0.5373 0.5431
March 0.5464 0.5182 0.5315
April 0.5311 0.5211 0.5256
May 0.5329 0.5157 0.5244
June 0.5443 0.5281 0.5355
July 0.5502 0.5395 0.5452
August 0.5539 0.5426 0.5455
September 0.5656 0.5459 0.5543
October 0.5665 0.5502 0.5581
November 0.5649 0.5562 0.5597
December 0.5652 0.5484 0.5584