YEARLY HIGH
1.4592 SZL
YEARLY LOW
1.1299 SZL
YEARLY AVERAGE
1.2914 SZL

2011 NOK to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 1.4592. Conversely, the yearly low was recorded on January 5, dropping to 1.1299.

This high-to-low spread represents a total annual volatility of 0.3293 SZL. From a start-to-finish perspective, comparing the January average rate of 1.1806 to the December average rate of 1.3914, the exchange rate registered a net change of 17.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4592 was up 10.54% compared to the 2010 peak of 1.3201, 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 7,296 SZL
2010 Average 6,060 SZL
Yearly Trough Low 5,650 SZL
Transaction Impact: A difference of 1,646.62 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4406
1.1570
JanuMarcMayJulySeptNove

NOK to SZL 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 1.2362, compared to 1.3467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1106 points.

H1 Avg (Jan–Jun) 1.2362
H2 Avg (Jul–Dec) 1.3467

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1270 SZL (High: 1.4522 / Low: 1.3252). On the other end, February was the most stable month, with a tight range of 0.0293 SZL (High: 1.2674 / Low: 1.2381).

October Spread (Volatile) ±0.1270
February Spread (Stable) ±0.0293

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0256 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 1.4170) against the same month in 2010 (average: 1.1663), the exchange rate shifted by +0.2507 (+21.49%).

2011 Avg (November) 1.4170
2010 Avg (November) 1.1663

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2401 1.1299 1.1806
February 1.2674 1.2381 1.2537
March 1.2623 1.2229 1.2382
April 1.2719 1.2205 1.2472
May 1.2786 1.2141 1.2503
June 1.2688 1.2204 1.2469
July 1.2615 1.2243 1.2464
August 1.3373 1.2409 1.3015
September 1.3530 1.2958 1.3244
October 1.4522 1.3252 1.3998
November 1.4592 1.3909 1.4170
December 1.4233 1.3522 1.3914