2020 MAD to NOK Historical Review

YEARLY HIGH

1.2013 NOK

YEARLY LOW

0.9127 NOK

YEARLY AVERAGE

0.9916 NOK

2020 MAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 1.2013. Conversely, the yearly low was recorded on January 1, dropping to 0.9127.

This high-to-low spread represents a total annual volatility of 0.2886 NOK. From a start-to-finish perspective, comparing the January average rate of 0.9309 to the December average rate of 0.9690, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2013 was up 25.46% compared to the 2019 peak of 0.9575, 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 6,006 NOK

2019 Average 4,575 NOK

Yearly Trough Low 4,563 NOK

Transaction Impact: A difference of 1,442.97 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0741

0.9179

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 0.9985, compared to 0.9846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 0.9985

H2 Avg (Jul–Dec) 0.9846

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2332 NOK (High: 1.2013 / Low: 0.9681). On the other end, August was the most stable month, with a tight range of 0.0263 NOK (High: 0.9804 / Low: 0.9541).

March Spread (Volatile) ±0.2332

August Spread (Stable) ±0.0263

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0386 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0386

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.0611) against the same month in 2019 (average: 0.8949), the exchange rate shifted by +0.1662 (+18.57%).

2020 Avg (March) 1.0611

2019 Avg (March) 0.8949

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9593	0.9127	0.9309
February	0.9791	0.9512	0.9600
March	1.2013	0.9681	1.0611
April	1.0855	0.9979	1.0287
May	1.0607	0.9925	1.0245
June	1.0026	0.9554	0.9859
July	0.9831	0.9560	0.9737
August	0.9804	0.9541	0.9691
September	1.0296	0.9598	0.9923
October	1.0324	0.9927	1.0095
November	1.0376	0.9694	0.9941
December	0.9823	0.9384	0.9690