2020 NOK to MAD Historical Review

YEARLY HIGH

1.0957 MAD

YEARLY LOW

0.8324 MAD

YEARLY AVERAGE

1.0102 MAD

2020 NOK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0957. Conversely, the yearly low was recorded on March 21, dropping to 0.8324.

This high-to-low spread represents a total annual volatility of 0.2632 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0744 to the December average rate of 1.0321, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0957 was down 3.42% compared to the 2019 peak of 1.1345, 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 5,478 MAD

2019 Average 5,467 MAD

Yearly Trough Low 4,162 MAD

Transaction Impact: A difference of 1,316.12 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0872

0.9339

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 1.0044, compared to 1.0160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 1.0044

H2 Avg (Jul–Dec) 1.0160

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2005 MAD (High: 1.0329 / Low: 0.8324). On the other end, August was the most stable month, with a tight range of 0.0281 MAD (High: 1.0481 / Low: 1.0200).

March Spread (Volatile) ±0.2005

August Spread (Stable) ±0.0281

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 February and March, when the average rate fell by 0.0951 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0951

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.0744) against the same month in 2019 (average: 1.1147), the exchange rate shifted by -0.0403 (-3.61%).

2020 Avg (January) 1.0744

2019 Avg (January) 1.1147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0957	1.0424	1.0744
February	1.0513	1.0214	1.0417
March	1.0329	0.8324	0.9466
April	1.0021	0.9212	0.9727
May	1.0075	0.9428	0.9764
June	1.0467	0.9974	1.0146
July	1.0460	1.0172	1.0271
August	1.0481	1.0200	1.0320
September	1.0419	0.9712	1.0082
October	1.0074	0.9687	0.9907
November	1.0316	0.9638	1.0062
December	1.0656	1.0181	1.0321