YEARLY HIGH
0.8850 NOK
YEARLY LOW
0.6853 NOK
YEARLY AVERAGE
0.7769 NOK

2011 SZL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SZL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.8850. Conversely, the yearly low was recorded on November 23, dropping to 0.6853.

This high-to-low spread represents a total annual volatility of 0.1997 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8479 to the December average rate of 0.7189, the exchange rate registered a net change of -15.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8850 was down 0.16% compared to the 2010 peak of 0.8865, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,425 NOK
2010 Average 4,132 NOK
Yearly Trough Low 3,426 NOK
Transaction Impact: A difference of 998.68 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8621
0.6916
JanuMarcMayJulySeptNove

SZL 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 0.8095, compared to 0.7444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0652 points.

H1 Avg (Jan–Jun) 0.8095
H2 Avg (Jul–Dec) 0.7444

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0787 NOK (High: 0.8850 / Low: 0.8064). On the other end, February was the most stable month, with a tight range of 0.0186 NOK (High: 0.8077 / Low: 0.7890).

January Spread (Volatile) ±0.0787
February Spread (Stable) ±0.0186

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0503 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.8479) against the same month in 2010 (average: 0.7708), the exchange rate shifted by +0.0772 (+10.01%).

2011 Avg (January) 0.8479
2010 Avg (January) 0.7708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8850 0.8064 0.8479
February 0.8077 0.7890 0.7976
March 0.8177 0.7922 0.8077
April 0.8194 0.7862 0.8019
May 0.8237 0.7821 0.8000
June 0.8194 0.7882 0.8020
July 0.8168 0.7927 0.8024
August 0.8059 0.7478 0.7688
September 0.7717 0.7391 0.7552
October 0.7546 0.6886 0.7150
November 0.7189 0.6853 0.7058
December 0.7395 0.7026 0.7189