2011 PEN to NOK Historical Review

YEARLY HIGH

2.2305 NOK

YEARLY LOW

1.8448 NOK

YEARLY AVERAGE

2.0351 NOK

2011 PEN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.2305. Conversely, the yearly low was recorded on May 2, dropping to 1.8448.

This high-to-low spread represents a total annual volatility of 0.3857 NOK. From a start-to-finish perspective, comparing the January average rate of 2.1002 to the December average rate of 2.1814, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.2305 was up 0.49% compared to the 2010 peak of 2.2197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,152 NOK

2010 Average 10,060 NOK

Yearly Trough Low 9,224 NOK

Transaction Impact: A difference of 1,928.37 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2078

1.8907

JanuMarcMayJulySeptNove

PEN to NOK 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 2.0058, compared to 2.0645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0587 points.

H1 Avg (Jan–Jun) 2.0058

H2 Avg (Jul–Dec) 2.0645

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.1873 NOK (High: 2.0321 / Low: 1.8448). On the other end, August was the most stable month, with a tight range of 0.0531 NOK (High: 2.0090 / Low: 1.9559).

May Spread (Volatile) ±0.1873

August Spread (Stable) ±0.0531

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.0959 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0959

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.1814) against the same month in 2010 (average: 1.9900), the exchange rate shifted by +0.1914 (+9.62%).

2011 Avg (December) 2.1814

2010 Avg (December) 1.9900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1306	2.0744	2.1002
February	2.1184	2.0111	2.0662
March	2.0506	1.9684	2.0130
April	1.9621	1.8558	1.9171
May	2.0321	1.8448	1.9692
June	2.0148	1.9175	1.9691
July	2.0434	1.9490	1.9858
August	2.0090	1.9559	1.9858
September	2.1156	1.9734	2.0442
October	2.1322	2.0004	2.0667
November	2.1865	2.0680	2.1229
December	2.2305	2.1282	2.1814