YEARLY HIGH
0.1161 SHP
YEARLY LOW
0.1066 SHP
YEARLY AVERAGE
0.1113 SHP

2011 NOK to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 0.1161. Conversely, the yearly low was recorded on February 11, dropping to 0.1066.

This high-to-low spread represents a total annual volatility of 0.0095 SHP. From a start-to-finish perspective, comparing the January average rate of 0.1083 to the December average rate of 0.1089, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1161 was up 2.06% compared to the 2010 peak of 0.1138, 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 580 SHP
2010 Average 536 SHP
Yearly Trough Low 533 SHP
Transaction Impact: A difference of 47.32 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1143
0.1077
JanuMarcMayJulySeptNove

NOK to SHP 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 0.1109, compared to 0.1117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1109
H2 Avg (Jul–Dec) 0.1117

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0063 SHP (High: 0.1160 / Low: 0.1098). On the other end, April was the most stable month, with a tight range of 0.0024 SHP (High: 0.1144 / Low: 0.1120).

September Spread (Volatile) ±0.0063
April Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.1138) against the same month in 2010 (average: 0.1042), the exchange rate shifted by +0.0095 (+9.16%).

2011 Avg (July) 0.1138
2010 Avg (July) 0.1042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1108 0.1071 0.1083
February 0.1104 0.1066 0.1082
March 0.1128 0.1097 0.1107
April 0.1144 0.1120 0.1131
May 0.1152 0.1099 0.1118
June 0.1159 0.1112 0.1134
July 0.1161 0.1112 0.1138
August 0.1147 0.1109 0.1124
September 0.1160 0.1098 0.1129
October 0.1146 0.1094 0.1123
November 0.1119 0.1092 0.1102
December 0.1112 0.1070 0.1089