YEARLY HIGH
0.3475 TOP
YEARLY LOW
0.2857 TOP
YEARLY AVERAGE
0.3135 TOP

2011 NOK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.3475. Conversely, the yearly low was recorded on December 14, dropping to 0.2857.

This high-to-low spread represents a total annual volatility of 0.0617 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3177 to the December average rate of 0.2951, the exchange rate registered a net change of -7.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3475 was up 2.43% compared to the 2010 peak of 0.3392, 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 1,737 TOP
2010 Average 1,595 TOP
Yearly Trough Low 1,429 TOP
Transaction Impact: A difference of 308.56 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3437
0.2907
JanuMarcMayJulySeptNove

NOK to TOP 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 0.3259, compared to 0.3012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 0.3259
H2 Avg (Jul–Dec) 0.3012

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0256 TOP (High: 0.3394 / Low: 0.3137). On the other end, March was the most stable month, with a tight range of 0.0096 TOP (High: 0.3363 / Low: 0.3267).

May Spread (Volatile) ±0.0256
March Spread (Stable) ±0.0096

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 April and May, when the average rate fell by 0.0164 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.3393) against the same month in 2010 (average: 0.3257), the exchange rate shifted by +0.0136 (+4.19%).

2011 Avg (April) 0.3393
2010 Avg (April) 0.3257

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3221 0.3124 0.3177
February 0.3316 0.3162 0.3237
March 0.3363 0.3267 0.3318
April 0.3475 0.3307 0.3393
May 0.3394 0.3137 0.3229
June 0.3261 0.3143 0.3199
July 0.3213 0.2982 0.3096
August 0.3072 0.2933 0.3011
September 0.3110 0.2907 0.2999
October 0.3123 0.2906 0.3036
November 0.3035 0.2917 0.2978
December 0.2999 0.2857 0.2951