2026 NOK to MAD Historical Review

YEARLY HIGH

0.9961 MAD

YEARLY LOW

0.9066 MAD

YEARLY AVERAGE

0.9658 MAD

2026 NOK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the NOK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.9961. Conversely, the yearly low was recorded on January 1, dropping to 0.9066.

This high-to-low spread represents a total annual volatility of 0.0895 MAD. From a start-to-finish perspective, comparing the January average rate of 0.9217 to the December average rate of 0.9795, the exchange rate registered a net change of 6.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.9961 was up 7.44% compared to the 2025 peak of 0.9271, 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 4,981 MAD

2025 Average 4,499 MAD

Yearly Trough Low 4,533 MAD

Transaction Impact: A difference of 447.40 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.9996

0.9146

JanuMarcMayJuly

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 0.9639, compared to 0.9714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.9639

H2 Avg (Jul–Dec) 0.9714

Volatility Range Comparison

Volatility

The most volatile month in 2026 was June, with a trading range of 0.0487 MAD (High: 0.9935 / Low: 0.9447). On the other end, May was the most stable month, with a tight range of 0.0053 MAD (High: 0.9961 / Low: 0.9907).

June Spread (Volatile) ±0.0487

May Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0256 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2026: 0.9801) against the same month in 2025 (average: 0.8862), the exchange rate shifted by +0.0940 (+10.61%).

2026 Avg (April) 0.9801

2025 Avg (April) 0.8862

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9492	0.9066	0.9217
February	0.9645	0.9361	0.9554
March	0.9877	0.9544	0.9668
April	0.9961	0.9584	0.9801
May	0.9961	0.9907	0.9925
June	0.9935	0.9447	0.9669
July	0.9793	0.9465	0.9633
August	0.9834	0.9770	0.9795