YEARLY HIGH
1.5718 ZAR
YEARLY LOW
1.3041 ZAR
YEARLY AVERAGE
1.4122 ZAR

2012 NOK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NOK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 1.5718. Conversely, the yearly low was recorded on February 6, dropping to 1.3041.

This high-to-low spread represents a total annual volatility of 0.2678 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.3461 to the December average rate of 1.5371, the exchange rate registered a net change of 14.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.5718 was up 7.92% compared to the 2011 peak of 1.4564, 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 7,859 ZAR
2011 Average 6,473 ZAR
Yearly Trough Low 6,520 ZAR
Transaction Impact: A difference of 1,338.89 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.5594
1.3124
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 1.3589, compared to 1.4654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1065 points.

H1 Avg (Jan–Jun) 1.3589
H2 Avg (Jul–Dec) 1.4654

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.0982 ZAR (High: 1.5562 / Low: 1.4580). On the other end, March was the most stable month, with a tight range of 0.0287 ZAR (High: 1.3471 / Low: 1.3185).

October Spread (Volatile) ±0.0982
March Spread (Stable) ±0.0287

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0360 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 1.5388) against the same month in 2011 (average: 1.4186), the exchange rate shifted by +0.1203 (+8.48%).

2012 Avg (November) 1.5388
2011 Avg (November) 1.4186

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3684 1.3354 1.3461
February 1.3662 1.3041 1.3405
March 1.3471 1.3185 1.3330
April 1.3795 1.3375 1.3606
May 1.4037 1.3461 1.3782
June 1.4107 1.3735 1.3950
July 1.3944 1.3380 1.3589
August 1.4578 1.3623 1.3989
September 1.4521 1.4152 1.4404
October 1.5562 1.4580 1.5184
November 1.5718 1.5080 1.5388
December 1.5706 1.5181 1.5371