2011 TRY to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 TRY to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the TRY to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 3.8348. Conversely, the yearly low was recorded on October 20, dropping to 3.0113.
This high-to-low spread represents a total annual volatility of 0.8234 NOK. From a start-to-finish perspective, comparing the January average rate of 3.7386 to the December average rate of 3.1470, the exchange rate registered a net change of -15.83% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 3.8348 was down 7.90% compared to the 2010 peak of 4.1635, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
TRY 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 3.5509, compared to 3.1526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3983 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was July, with a trading range of 0.2359 NOK (High: 3.3696 / Low: 3.1338). On the other end, December was the most stable month, with a tight range of 0.0710 NOK (High: 3.1837 / Low: 3.1127).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1905 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2011: 3.7386) against the same month in 2010 (average: 3.8927), the exchange rate shifted by -0.1540 (-3.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.8348 | 3.6056 | 3.7386 |
| February | 3.6764 | 3.4892 | 3.6039 |
| March | 3.5966 | 3.4370 | 3.5418 |
| April | 3.6164 | 3.4470 | 3.5499 |
| May | 3.5698 | 3.3754 | 3.4725 |
| June | 3.4635 | 3.3043 | 3.3985 |
| July | 3.3696 | 3.1338 | 3.2888 |
| August | 3.1988 | 3.0390 | 3.0983 |
| September | 3.1914 | 3.0487 | 3.1227 |
| October | 3.1706 | 3.0113 | 3.0896 |
| November | 3.2054 | 3.1248 | 3.1690 |
| December | 3.1837 | 3.1127 | 3.1470 |