2011 NZD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NZD to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 67.6310. Conversely, the yearly low was recorded on March 17, dropping to 56.7333.
This high-to-low spread represents a total annual volatility of 10.8978 CVE. From a start-to-finish perspective, comparing the January average rate of 63.2453 to the December average rate of 64.5478, the exchange rate registered a net change of 2.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 67.6310 was up 5.31% compared to the 2010 peak of 64.2227, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
NZD to CVE 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 61.1839, compared to 64.2837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0997 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was May, with a trading range of 4.7154 CVE (High: 63.1801 / Low: 58.4648). On the other end, April was the most stable month, with a tight range of 1.4154 CVE (High: 60.8767 / Low: 59.4613).
Growth Streaks & Declines
TrendsBetween March and July, 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 February and March, when the average rate fell by 3.1122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2011: 64.3797) against the same month in 2010 (average: 61.1357), the exchange rate shifted by +3.2440 (+5.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 65.0622 | 61.8312 | 63.2453 |
| February | 62.7031 | 59.8104 | 61.5156 |
| March | 59.8073 | 56.7333 | 58.4034 |
| April | 60.8767 | 59.4613 | 60.2146 |
| May | 63.1801 | 58.4648 | 61.2418 |
| June | 63.1596 | 61.5743 | 62.4830 |
| July | 67.5208 | 62.9005 | 65.4163 |
| August | 67.6310 | 62.9870 | 64.3797 |
| September | 66.6058 | 62.4058 | 65.1453 |
| October | 64.2532 | 62.2862 | 63.5452 |
| November | 64.4163 | 60.8864 | 62.6677 |
| December | 66.2531 | 63.5547 | 64.5478 |