2011 NOK to TRY Historical Review

YEARLY HIGH

0.3321 TRY

YEARLY LOW

0.2608 TRY

YEARLY AVERAGE

0.2997 TRY

2011 NOK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 0.3321. Conversely, the yearly low was recorded on January 6, dropping to 0.2608.

This high-to-low spread represents a total annual volatility of 0.0713 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2676 to the December average rate of 0.3178, the exchange rate registered a net change of 18.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3321 was up 25.38% compared to the 2010 peak of 0.2649, 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 1,660 TRY

2010 Average 1,248 TRY

Yearly Trough Low 1,304 TRY

Transaction Impact: A difference of 356.53 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3294

0.2619

JanuMarcMayJulySeptNove

NOK to TRY 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 0.2819, compared to 0.3174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 0.2819

H2 Avg (Jul–Dec) 0.3174

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0223 TRY (High: 0.3191 / Low: 0.2968). On the other end, December was the most stable month, with a tight range of 0.0072 TRY (High: 0.3213 / Low: 0.3141).

July Spread (Volatile) ±0.0223

December Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between April and August, 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 October and November, when the average rate fell by 0.0082 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.3237) against the same month in 2010 (average: 0.2443), the exchange rate shifted by +0.0794 (+32.50%).

2011 Avg (October) 0.3237

2010 Avg (October) 0.2443

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2773	0.2608	0.2676
February	0.2866	0.2720	0.2775
March	0.2910	0.2780	0.2824
April	0.2901	0.2765	0.2817
May	0.2963	0.2801	0.2880
June	0.3026	0.2887	0.2943
July	0.3191	0.2968	0.3042
August	0.3291	0.3126	0.3228
September	0.3280	0.3133	0.3203
October	0.3321	0.3154	0.3237
November	0.3200	0.3120	0.3156
December	0.3213	0.3141	0.3178