YEARLY HIGH
0.8895 NOK
YEARLY LOW
0.7583 NOK
YEARLY AVERAGE
0.8264 NOK

2010 ZAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ZAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.8895. Conversely, the yearly low was recorded on January 12, dropping to 0.7583.

This high-to-low spread represents a total annual volatility of 0.1311 NOK. From a start-to-finish perspective, comparing the January average rate of 0.7699 to the December average rate of 0.8768, the exchange rate registered a net change of 13.89% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 44,473 NOK
Yearly Average 41,319 NOK
Yearly Trough Low 37,916 NOK
Transaction Impact: A difference of 6,556.85 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.8875
0.7592
JanuMarcMayJulySeptNove

ZAR 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 0.8025, compared to 0.8502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0477 points.

H1 Avg (Jan–Jun) 0.8025
H2 Avg (Jul–Dec) 0.8502

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0545 NOK (High: 0.8494 / Low: 0.7950). On the other end, October was the most stable month, with a tight range of 0.0167 NOK (High: 0.8524 / Low: 0.8357).

May Spread (Volatile) ±0.0545
October Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0139 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 0.8768.

2010 Avg (December) 0.8768
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7812 0.7583 0.7699
February 0.7826 0.7608 0.7716
March 0.8173 0.7767 0.7992
April 0.8229 0.7899 0.8051
May 0.8494 0.7950 0.8231
June 0.8596 0.8359 0.8463
July 0.8414 0.8172 0.8324
August 0.8611 0.8185 0.8429
September 0.8631 0.8391 0.8501
October 0.8524 0.8357 0.8436
November 0.8731 0.8368 0.8554
December 0.8895 0.8622 0.8768