2011 NZD to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NZD to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NZD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 4.7315. Conversely, the yearly low was recorded on March 20, dropping to 4.0619.
This high-to-low spread represents a total annual volatility of 0.6696 NOK. From a start-to-finish perspective, comparing the January average rate of 4.4889 to the December average rate of 4.5355, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 4.7315 was up 1.55% compared to the 2010 peak of 4.6595, 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 NOK 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 4.3418, compared to 4.5249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1831 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was July, with a trading range of 0.2979 NOK (High: 4.7315 / Low: 4.4336). On the other end, April was the most stable month, with a tight range of 0.0991 NOK (High: 4.3122 / Low: 4.2132).
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 0.2159 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2011: 4.6117) against the same month in 2010 (average: 4.4731), the exchange rate shifted by +0.1386 (+3.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.5486 | 4.4149 | 4.4889 |
| February | 4.4634 | 4.1887 | 4.3614 |
| March | 4.2507 | 4.0619 | 4.1455 |
| April | 4.3122 | 4.2132 | 4.2595 |
| May | 4.4607 | 4.1941 | 4.3605 |
| June | 4.4930 | 4.3545 | 4.4349 |
| July | 4.7315 | 4.4336 | 4.6117 |
| August | 4.7120 | 4.4890 | 4.5515 |
| September | 4.6837 | 4.4516 | 4.5631 |
| October | 4.5115 | 4.3924 | 4.4646 |
| November | 4.5127 | 4.3213 | 4.4231 |
| December | 4.6461 | 4.4395 | 4.5355 |