2011 NOK to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NOK to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NOK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 86.4664. Conversely, the yearly low was recorded on May 8, dropping to 81.5534.
This high-to-low spread represents a total annual volatility of 4.9130 XOF. From a start-to-finish perspective, comparing the January average rate of 83.8705 to the December average rate of 84.6321, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 86.4664 was up 2.19% compared to the 2010 peak of 84.6172, 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 XOF 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 83.9152, compared to 84.4489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5337 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 4.1096 XOF (High: 86.4664 / Low: 82.3568). On the other end, December was the most stable month, with a tight range of 1.2689 XOF (High: 85.3762 / Low: 84.1072).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.8059 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 84.7245) against the same month in 2010 (average: 80.9753), the exchange rate shifted by +3.7492 (+4.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 85.0705 | 82.4836 | 83.8705 |
| February | 85.3640 | 82.7653 | 84.0080 |
| March | 85.4637 | 82.9239 | 83.9530 |
| April | 85.2579 | 83.1411 | 84.3437 |
| May | 85.0204 | 81.5534 | 83.5378 |
| June | 84.9679 | 82.8324 | 83.7783 |
| July | 85.2913 | 83.1708 | 84.3096 |
| August | 85.7119 | 83.4944 | 84.1788 |
| September | 86.0732 | 82.5527 | 84.5679 |
| October | 86.4664 | 82.3568 | 84.7245 |
| November | 85.7700 | 83.6185 | 84.2808 |
| December | 85.3762 | 84.1072 | 84.6321 |