2011 NOK to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NOK to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NOK to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 932.0621. Conversely, the yearly low was recorded on January 9, dropping to 798.4328.
This high-to-low spread represents a total annual volatility of 133.6293 ZMK. From a start-to-finish perspective, comparing the January average rate of 816.5298 to the December average rate of 873.0669, the exchange rate registered a net change of 6.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 932.0621 was up 12.04% compared to the 2010 peak of 831.9367, 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 ZMK 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 856.1899, compared to 884.5785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.3886 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was September, with a trading range of 99.2300 ZMK (High: 923.7677 / Low: 824.5377). On the other end, March was the most stable month, with a tight range of 26.2462 ZMK (High: 861.2839 / Low: 835.0376).
Growth Streaks & Declines
TrendsBetween 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 29.4385 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2011: 908.2886) against the same month in 2010 (average: 800.2219), the exchange rate shifted by +108.0667 (+13.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 838.2116 | 798.4328 | 816.5298 |
| February | 851.5433 | 816.4513 | 836.2632 |
| March | 861.2839 | 835.0376 | 851.6953 |
| April | 899.9232 | 857.1137 | 874.4111 |
| May | 899.9232 | 848.4405 | 871.2660 |
| June | 908.2559 | 867.6424 | 886.9740 |
| July | 904.7861 | 869.0462 | 888.7407 |
| August | 932.0621 | 883.3623 | 908.2886 |
| September | 923.7677 | 824.5377 | 878.8501 |
| October | 911.1530 | 822.5814 | 879.6296 |
| November | 892.2019 | 861.9856 | 878.8953 |
| December | 897.4690 | 852.3528 | 873.0669 |