2011 NOK to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NOK to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NOK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 114.1580. Conversely, the yearly low was recorded on January 10, dropping to 98.7222.
This high-to-low spread represents a total annual volatility of 15.4358 RWF. From a start-to-finish perspective, comparing the January average rate of 101.5186 to the December average rate of 101.9769, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 114.1580 was up 11.12% compared to the 2010 peak of 102.7336, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
NOK to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 106.9827, compared to 106.2193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7634 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 9.7638 RWF (High: 110.2241 / Low: 100.4603). On the other end, March was the most stable month, with a tight range of 3.1281 RWF (High: 108.1969 / Low: 105.0688).
Growth Streaks & Declines
TrendsBetween 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 3.2922 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2011: 109.0786) against the same month in 2010 (average: 92.1335), the exchange rate shifted by +16.9451 (+18.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 103.8371 | 98.7222 | 101.5186 |
| February | 106.9438 | 101.5178 | 104.2647 |
| March | 108.1969 | 105.0688 | 106.7084 |
| April | 114.0168 | 108.2396 | 110.6005 |
| May | 114.1580 | 106.4399 | 109.0786 |
| June | 111.7356 | 107.0810 | 109.7253 |
| July | 111.3784 | 106.7859 | 109.6251 |
| August | 111.6019 | 108.1544 | 109.5866 |
| September | 110.9847 | 101.5375 | 106.2945 |
| October | 110.2241 | 100.4603 | 105.6070 |
| November | 107.0724 | 101.0088 | 104.2257 |
| December | 104.6488 | 99.6033 | 101.9769 |