2011 ZAR to NOK Historical Review

YEARLY HIGH

0.8816 NOK

YEARLY LOW

0.6866 NOK

YEARLY AVERAGE

0.7752 NOK

2011 ZAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.8816. Conversely, the yearly low was recorded on November 23, dropping to 0.6866.

This high-to-low spread represents a total annual volatility of 0.1950 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8459 to the December average rate of 0.7192, the exchange rate registered a net change of -14.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8816 was down 0.89% compared to the 2010 peak of 0.8895, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,079 NOK

2010 Average 41,334 NOK

Yearly Trough Low 34,331 NOK

Transaction Impact: A difference of 9,748.21 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8600

0.6910

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 0.8090, compared to 0.7415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0675 points.

H1 Avg (Jan–Jun) 0.8090

H2 Avg (Jul–Dec) 0.7415

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0767 NOK (High: 0.8816 / Low: 0.8049). On the other end, July was the most stable month, with a tight range of 0.0162 NOK (High: 0.8110 / Low: 0.7948).

January Spread (Volatile) ±0.0767

July Spread (Stable) ±0.0162

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 0.0485 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0485

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.8459) against the same month in 2010 (average: 0.7699), the exchange rate shifted by +0.0760 (+9.87%).

2011 Avg (January) 0.8459

2010 Avg (January) 0.7699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8816	0.8049	0.8459
February	0.8073	0.7899	0.7974
March	0.8187	0.7950	0.8089
April	0.8197	0.7873	0.8030
May	0.8176	0.7838	0.7976
June	0.8184	0.7898	0.8012
July	0.8110	0.7948	0.8028
August	0.8018	0.7491	0.7674
September	0.7705	0.7004	0.7440
October	0.7334	0.6886	0.7105
November	0.7150	0.6866	0.7050
December	0.7394	0.7036	0.7192