2018 MAD to NOK Historical Review

YEARLY HIGH

0.9189 NOK

YEARLY LOW

0.8383 NOK

YEARLY AVERAGE

0.8670 NOK

2018 MAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.9189. Conversely, the yearly low was recorded on February 1, dropping to 0.8383.

This high-to-low spread represents a total annual volatility of 0.0807 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8546 to the December average rate of 0.9052, the exchange rate registered a net change of 5.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9189 was up 2.86% compared to the 2017 peak of 0.8934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,595 NOK

2017 Average 4,260 NOK

Yearly Trough Low 4,191 NOK

Transaction Impact: A difference of 403.41 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9111

0.8399

JanuMarcMayJulySeptNove

MAD 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 0.8532, compared to 0.8808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.8532

H2 Avg (Jul–Dec) 0.8808

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0379 NOK (High: 0.8783 / Low: 0.8404). On the other end, June was the most stable month, with a tight range of 0.0128 NOK (High: 0.8619 / Low: 0.8491).

January Spread (Volatile) ±0.0379

June Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0069 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.9052) against the same month in 2017 (average: 0.8821), the exchange rate shifted by +0.0231 (+2.62%).

2018 Avg (December) 0.9052

2017 Avg (December) 0.8821

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8783	0.8404	0.8546
February	0.8623	0.8383	0.8525
March	0.8541	0.8390	0.8458
April	0.8622	0.8455	0.8516
May	0.8683	0.8521	0.8596
June	0.8619	0.8491	0.8550
July	0.8680	0.8504	0.8598
August	0.8889	0.8641	0.8799
September	0.8940	0.8647	0.8778
October	0.8813	0.8628	0.8709
November	0.9040	0.8776	0.8911
December	0.9189	0.8945	0.9052