2011 NOK to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NOK to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NOK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 526.3371. Conversely, the yearly low was recorded on January 9, dropping to 390.3913.
This high-to-low spread represents a total annual volatility of 135.9458 UGX. From a start-to-finish perspective, comparing the January average rate of 397.7189 to the December average rate of 416.7745, the exchange rate registered a net change of 4.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 526.3371 was up 31.75% compared to the 2010 peak of 399.5018, 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 UGX 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 427.2762, compared to 474.4214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 47.1453 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was June, with a trading range of 57.8801 UGX (High: 495.8332 / Low: 437.9531). On the other end, March was the most stable month, with a tight range of 12.1479 UGX (High: 435.4862 / Low: 423.3382).
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 October and November, when the average rate fell by 46.5221 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2011: 506.6000) against the same month in 2010 (average: 362.4880), the exchange rate shifted by +144.1120 (+39.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 409.5934 | 390.3913 | 397.7189 |
| February | 422.0521 | 401.8547 | 409.8228 |
| March | 435.4862 | 423.3382 | 428.7943 |
| April | 454.5417 | 427.0806 | 439.5609 |
| May | 454.5417 | 425.5606 | 437.0231 |
| June | 495.8332 | 437.9531 | 450.7369 |
| July | 485.5534 | 459.7038 | 475.5748 |
| August | 526.3371 | 486.2029 | 506.6000 |
| September | 523.5311 | 486.6425 | 502.4435 |
| October | 511.4441 | 468.3380 | 495.8289 |
| November | 468.4928 | 431.0465 | 449.3069 |
| December | 441.0254 | 397.6200 | 416.7745 |