2019 MAD to NOK Historical Review

YEARLY HIGH

0.9575 NOK

YEARLY LOW

0.8814 NOK

YEARLY AVERAGE

0.9150 NOK

2019 MAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.9575. Conversely, the yearly low was recorded on March 21, dropping to 0.8814.

This high-to-low spread represents a total annual volatility of 0.0761 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8972 to the December average rate of 0.9371, the exchange rate registered a net change of 4.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9575 was up 4.20% compared to the 2018 peak of 0.9189, 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 4,788 NOK

2018 Average 4,335 NOK

Yearly Trough Low 4,407 NOK

Transaction Impact: A difference of 380.41 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9533

0.8831

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 0.8970, compared to 0.9329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 0.8970

H2 Avg (Jul–Dec) 0.9329

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0371 NOK (High: 0.9547 / Low: 0.9177). On the other end, May was the most stable month, with a tight range of 0.0145 NOK (High: 0.9103 / Low: 0.8958).

December Spread (Volatile) ±0.0371

May Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.0104 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.9474) against the same month in 2018 (average: 0.8709), the exchange rate shifted by +0.0765 (+8.78%).

2019 Avg (October) 0.9474

2018 Avg (October) 0.8709

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9128	0.8844	0.8972
February	0.9121	0.8854	0.8998
March	0.9091	0.8814	0.8949
April	0.8988	0.8818	0.8890
May	0.9103	0.8958	0.9034
June	0.9091	0.8885	0.8979
July	0.9183	0.8900	0.8985
August	0.9471	0.9224	0.9352
September	0.9442	0.9214	0.9318
October	0.9575	0.9377	0.9474
November	0.9556	0.9408	0.9475
December	0.9547	0.9177	0.9371