YEARLY HIGH
0.5677 NOK
YEARLY LOW
0.4962 NOK
YEARLY AVERAGE
0.5271 NOK

2018 MVR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MVR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.5677. Conversely, the yearly low was recorded on February 1, dropping to 0.4962.

This high-to-low spread represents a total annual volatility of 0.0715 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5134 to the December average rate of 0.5587, the exchange rate registered a net change of 8.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5677 was up 0.20% compared to the 2017 peak of 0.5666, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,839 NOK
2017 Average 2,679 NOK
Yearly Trough Low 2,481 NOK
Transaction Impact: A difference of 357.64 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5643
0.4972
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 0.5134, compared to 0.5409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0275 points.

H1 Avg (Jan–Jun) 0.5134
H2 Avg (Jul–Dec) 0.5409

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0333 NOK (High: 0.5323 / Low: 0.4989). On the other end, March was the most stable month, with a tight range of 0.0126 NOK (High: 0.5093 / Low: 0.4967).

January Spread (Volatile) ±0.0333
March Spread (Stable) ±0.0126

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0058 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.5587) against the same month in 2017 (average: 0.5395), the exchange rate shifted by +0.0192 (+3.55%).

2018 Avg (December) 0.5587
2017 Avg (December) 0.5395

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5323 0.4989 0.5134
February 0.5177 0.4962 0.5076
March 0.5093 0.4967 0.5028
April 0.5186 0.5035 0.5085
May 0.5347 0.5152 0.5223
June 0.5317 0.5167 0.5256
July 0.5338 0.5204 0.5271
August 0.5486 0.5304 0.5405
September 0.5467 0.5263 0.5354
October 0.5459 0.5271 0.5352
November 0.5564 0.5400 0.5485
December 0.5677 0.5502 0.5587