YEARLY HIGH
0.5175 NOK
YEARLY LOW
0.4572 NOK
YEARLY AVERAGE
0.4844 NOK

2018 MDL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MDL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.5175. Conversely, the yearly low was recorded on February 1, dropping to 0.4572.

This high-to-low spread represents a total annual volatility of 0.0603 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4665 to the December average rate of 0.5028, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5175 was up 5.56% compared to the 2017 peak of 0.4903, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,588 NOK
2017 Average 2,245 NOK
Yearly Trough Low 2,286 NOK
Transaction Impact: A difference of 301.58 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5064
0.4629
JanuMarcMayJulySeptNove

MDL 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 0.4748, compared to 0.4939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 0.4748
H2 Avg (Jul–Dec) 0.4939

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0240 NOK (High: 0.5175 / Low: 0.4935). On the other end, June was the most stable month, with a tight range of 0.0088 NOK (High: 0.4852 / Low: 0.4764).

December Spread (Volatile) ±0.0240
June Spread (Stable) ±0.0088

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 August and September, when the average rate fell by 0.0103 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.5028) against the same month in 2017 (average: 0.4838), the exchange rate shifted by +0.0190 (+3.92%).

2018 Avg (December) 0.5028
2017 Avg (December) 0.4838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4800 0.4575 0.4665
February 0.4787 0.4572 0.4699
March 0.4778 0.4652 0.4689
April 0.4833 0.4727 0.4770
May 0.4918 0.4808 0.4855
June 0.4852 0.4764 0.4813
July 0.4944 0.4773 0.4867
August 0.5099 0.4918 0.5017
September 0.5038 0.4803 0.4913
October 0.4934 0.4780 0.4856
November 0.5006 0.4878 0.4954
December 0.5175 0.4935 0.5028