2011 NOK to VEF Historical Review

YEARLY HIGH

0.8210 VEF

YEARLY LOW

0.7136 VEF

YEARLY AVERAGE

0.7673 VEF

2011 NOK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.8210. Conversely, the yearly low was recorded on December 29, dropping to 0.7136.

This high-to-low spread represents a total annual volatility of 0.1074 VEF. From a start-to-finish perspective, comparing the January average rate of 0.7337 to the December average rate of 0.7302, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8210 was up 5.49% compared to the 2010 peak of 0.7783, 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 4,105 VEF

2010 Average 3,507 VEF

Yearly Trough Low 3,568 VEF

Transaction Impact: A difference of 537.15 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8027

0.7236

JanuMarcMayJulySeptNove

NOK to VEF 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 0.7705, compared to 0.7641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.7705

H2 Avg (Jul–Dec) 0.7641

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0678 VEF (High: 0.7929 / Low: 0.7251). On the other end, March was the most stable month, with a tight range of 0.0215 VEF (High: 0.7777 / Low: 0.7561).

October Spread (Volatile) ±0.0678

March Spread (Stable) ±0.0215

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 August and September, when the average rate fell by 0.0230 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.7961) against the same month in 2010 (average: 0.7263), the exchange rate shifted by +0.0698 (+9.61%).

2011 Avg (April) 0.7961

2010 Avg (April) 0.7263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7470	0.7189	0.7337
February	0.7683	0.7327	0.7501
March	0.7777	0.7561	0.7682
April	0.8210	0.7798	0.7961
May	0.8210	0.7663	0.7857
June	0.8032	0.7721	0.7895
July	0.8027	0.7671	0.7892
August	0.8020	0.7774	0.7898
September	0.7976	0.7336	0.7668
October	0.7929	0.7251	0.7609
November	0.7664	0.7250	0.7480
December	0.7485	0.7136	0.7302