YEARLY HIGH
1.3187 ZAR
YEARLY LOW
1.1243 ZAR
YEARLY AVERAGE
1.2121 ZAR

2010 NOK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NOK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 1.3187. Conversely, the yearly low was recorded on December 29, dropping to 1.1243.

This high-to-low spread represents a total annual volatility of 0.1944 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.2990 to the December average rate of 1.1406, the exchange rate registered a net change of -12.20% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 6,593 ZAR
Yearly Average 6,061 ZAR
Yearly Trough Low 5,621 ZAR
Transaction Impact: A difference of 972.11 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.3148
1.1247
JanuMarcMayJulySeptNove

NOK to ZAR 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 1.2476, compared to 1.1766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0711 points.

H1 Avg (Jan–Jun) 1.2476
H2 Avg (Jul–Dec) 1.1766

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0806 ZAR (High: 1.2579 / Low: 1.1773). On the other end, October was the most stable month, with a tight range of 0.0234 ZAR (High: 1.1966 / Low: 1.1731).

May Spread (Volatile) ±0.0806
October Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0446 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0446

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 1.2990.

2010 Avg (January) 1.2990
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3187 1.2801 1.2990
February 1.3144 1.2778 1.2960
March 1.2875 1.2235 1.2515
April 1.2659 1.2152 1.2423
May 1.2579 1.1773 1.2154
June 1.1963 1.1633 1.1816
July 1.2237 1.1885 1.2013
August 1.2218 1.1613 1.1866
September 1.1917 1.1587 1.1764
October 1.1966 1.1731 1.1855
November 1.1950 1.1454 1.1691
December 1.1599 1.1243 1.1406