YEARLY HIGH
526.3371 UGX
YEARLY LOW
390.3913 UGX
YEARLY AVERAGE
450.8488 UGX

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 2,631,685 UGX
2010 Average 1,803,666 UGX
Yearly Trough Low 1,951,956 UGX
Transaction Impact: A difference of 679,729.18 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

517.4881
386.8308
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 427.2762
H2 Avg (Jul–Dec) 474.4214

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±57.8801
March Spread (Stable) ±12.1479

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 October and November, when the average rate fell by 46.5221 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -46.5221

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2011 Avg (August) 506.6000
2010 Avg (August) 362.4880

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