2022 MAD to NOK Historical Review

YEARLY HIGH

1.0004 NOK

YEARLY LOW

0.8855 NOK

YEARLY AVERAGE

0.9462 NOK

2022 MAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 1.0004. Conversely, the yearly low was recorded on March 26, dropping to 0.8855.

This high-to-low spread represents a total annual volatility of 0.1149 NOK. From a start-to-finish perspective, comparing the January average rate of 0.9528 to the December average rate of 0.9388, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0004 was down 0.43% compared to the 2021 peak of 1.0047, 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 5,002 NOK

2021 Average 4,783 NOK

Yearly Trough Low 4,428 NOK

Transaction Impact: A difference of 574.42 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9832

0.8998

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 0.9412, compared to 0.9511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.9412

H2 Avg (Jul–Dec) 0.9511

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0736 NOK (High: 0.9937 / Low: 0.9201). On the other end, January was the most stable month, with a tight range of 0.0277 NOK (High: 0.9651 / Low: 0.9374).

September Spread (Volatile) ±0.0736

January Spread (Stable) ±0.0277

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.0412 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.9759) against the same month in 2021 (average: 0.9812), the exchange rate shifted by -0.0053 (-0.54%).

2022 Avg (July) 0.9759

2021 Avg (July) 0.9812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9651	0.9374	0.9528
February	0.9551	0.9233	0.9446
March	0.9319	0.8855	0.9075
April	0.9414	0.8914	0.9067
May	0.9806	0.9287	0.9594
June	0.9953	0.9509	0.9763
July	1.0004	0.9383	0.9759
August	0.9488	0.9166	0.9348
September	0.9937	0.9201	0.9548
October	0.9937	0.9452	0.9646
November	0.9592	0.9142	0.9379
December	0.9498	0.9181	0.9388