YEARLY HIGH
0.0026 NOK
YEARLY LOW
0.0023 NOK
YEARLY AVERAGE
0.0024 NOK

2018 MGA to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 20, valuing the pair at 0.0026. Conversely, the yearly low was recorded on October 16, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0003 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0024, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0026 was down 10.72% compared to the 2017 peak of 0.0029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 NOK
2017 Average 13 NOK
Yearly Trough Low 11 NOK
Transaction Impact: A difference of 1.30 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0025
0.0023
JanuMarcMayJulySeptNove

MGA 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 0.0025, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0002 NOK (High: 0.0025 / Low: 0.0023). On the other end, November was the most stable month, with a tight range of 0.0000 NOK (High: 0.0024 / Low: 0.0023).

December Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0000

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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0025) against the same month in 2017 (average: 0.0027), the exchange rate shifted by -0.0001 (-5.20%).

2018 Avg (August) 0.0025
2017 Avg (August) 0.0027

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0024 0.0024
February 0.0025 0.0024 0.0025
March 0.0025 0.0024 0.0025
April 0.0025 0.0024 0.0024
May 0.0025 0.0025 0.0025
June 0.0025 0.0024 0.0024
July 0.0025 0.0024 0.0024
August 0.0026 0.0025 0.0025
September 0.0025 0.0024 0.0024
October 0.0024 0.0023 0.0024
November 0.0024 0.0023 0.0024
December 0.0025 0.0023 0.0024