YEARLY HIGH
1.9393 NOK
YEARLY LOW
1.7654 NOK
YEARLY AVERAGE
1.8398 NOK

2011 RON to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RON to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 1.9393. Conversely, the yearly low was recorded on October 27, dropping to 1.7654.

This high-to-low spread represents a total annual volatility of 0.1739 NOK. From a start-to-finish perspective, comparing the January average rate of 1.8352 to the December average rate of 1.7910, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.9393 was down 3.24% compared to the 2010 peak of 2.0041, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,696 NOK
2010 Average 9,510 NOK
Yearly Trough Low 8,827 NOK
Transaction Impact: A difference of 869.66 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.9193
1.7746
JanuMarcMayJulySeptNove

RON 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 1.8727, compared to 1.8069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0658 points.

H1 Avg (Jan–Jun) 1.8727
H2 Avg (Jul–Dec) 1.8069

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 0.0999 NOK (High: 1.9299 / Low: 1.8300). On the other end, November was the most stable month, with a tight range of 0.0277 NOK (High: 1.7979 / Low: 1.7702).

March Spread (Volatile) ±0.0999
November Spread (Stable) ±0.0277

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0398 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 1.9073) against the same month in 2010 (average: 1.8937), the exchange rate shifted by +0.0135 (+0.71%).

2011 Avg (May) 1.9073
2010 Avg (May) 1.8937

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8658 1.8093 1.8352
February 1.8612 1.8256 1.8413
March 1.9299 1.8300 1.8821
April 1.9189 1.8831 1.9026
May 1.9393 1.8766 1.9073
June 1.8934 1.8372 1.8675
July 1.8536 1.8175 1.8343
August 1.8430 1.8053 1.8331
September 1.8317 1.7680 1.8041
October 1.8176 1.7654 1.7920
November 1.7979 1.7702 1.7867
December 1.8234 1.7692 1.7910