2018 NOK to MAD Historical Review

YEARLY HIGH

1.1929 MAD

YEARLY LOW

1.0882 MAD

YEARLY AVERAGE

1.1539 MAD

2018 NOK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.1929. Conversely, the yearly low was recorded on December 27, dropping to 1.0882.

This high-to-low spread represents a total annual volatility of 0.1047 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1703 to the December average rate of 1.1048, the exchange rate registered a net change of -5.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1929 was down 2.07% compared to the 2017 peak of 1.2182, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,965 MAD

2017 Average 5,870 MAD

Yearly Trough Low 5,441 MAD

Transaction Impact: A difference of 523.69 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1900

1.0971

JanuMarcMayJulySeptNove

NOK to MAD 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 1.1721, compared to 1.1357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0364 points.

H1 Avg (Jan–Jun) 1.1721

H2 Avg (Jul–Dec) 1.1357

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0513 MAD (High: 1.1899 / Low: 1.1385). On the other end, June was the most stable month, with a tight range of 0.0175 MAD (High: 1.1777 / Low: 1.1602).

January Spread (Volatile) ±0.0513

June Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between January and March, 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 0.0265 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.1730) against the same month in 2017 (average: 1.2080), the exchange rate shifted by -0.0350 (-2.89%).

2018 Avg (February) 1.1730

2017 Avg (February) 1.2080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1899	1.1385	1.1703
February	1.1929	1.1597	1.1730
March	1.1919	1.1708	1.1823
April	1.1828	1.1598	1.1742
May	1.1736	1.1517	1.1634
June	1.1777	1.1602	1.1695
July	1.1759	1.1521	1.1631
August	1.1573	1.1250	1.1366
September	1.1565	1.1186	1.1394
October	1.1590	1.1346	1.1482
November	1.1395	1.1062	1.1223
December	1.1179	1.0882	1.1048