YEARLY HIGH
0.5209 NOK
YEARLY LOW
0.4382 NOK
YEARLY AVERAGE
0.4722 NOK

2010 MVR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MVR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.5209. Conversely, the yearly low was recorded on January 11, dropping to 0.4382.

This high-to-low spread represents a total annual volatility of 0.0828 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4492 to the December average rate of 0.4671, the exchange rate registered a net change of 4.00% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 2,605 NOK
Yearly Average 2,361 NOK
Yearly Trough Low 2,191 NOK
Transaction Impact: A difference of 413.91 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.5113
0.4435
JanuMarcMayJulySeptNove

MVR 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 0.4722, compared to 0.4723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.4722
H2 Avg (Jul–Dec) 0.4723

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0567 NOK (High: 0.5176 / Low: 0.4609). On the other end, April was the most stable month, with a tight range of 0.0095 NOK (High: 0.4672 / Low: 0.4577).

May Spread (Volatile) ±0.0567
April Spread (Stable) ±0.0095

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 September and October, when the average rate fell by 0.0177 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0177

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.5056.

2010 Avg (June) 0.5056
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4612 0.4382 0.4492
February 0.4692 0.4565 0.4631
March 0.4733 0.4547 0.4626
April 0.4672 0.4577 0.4621
May 0.5176 0.4609 0.4905
June 0.5209 0.4965 0.5056
July 0.5067 0.4746 0.4904
August 0.4957 0.4655 0.4808
September 0.4845 0.4568 0.4735
October 0.4612 0.4478 0.4557
November 0.4851 0.4472 0.4662
December 0.4798 0.4558 0.4671