YEARLY HIGH
2.1872 MDL
YEARLY LOW
1.9323 MDL
YEARLY AVERAGE
2.0660 MDL

2018 NOK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.1872. Conversely, the yearly low was recorded on December 27, dropping to 1.9323.

This high-to-low spread represents a total annual volatility of 0.2549 MDL. From a start-to-finish perspective, comparing the January average rate of 2.1437 to the December average rate of 1.9893, the exchange rate registered a net change of -7.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1872 was down 9.70% compared to the 2017 peak of 2.4223, 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 10,936 MDL
2017 Average 11,155 MDL
Yearly Trough Low 9,662 MDL
Transaction Impact: A difference of 1,274.60 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1591
1.9738
JanuMarcMayJulySeptNove

NOK to MDL 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 2.1066, compared to 2.0253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0812 points.

H1 Avg (Jan–Jun) 2.1066
H2 Avg (Jul–Dec) 2.0253

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1026 MDL (High: 2.1858 / Low: 2.0832). On the other end, June was the most stable month, with a tight range of 0.0380 MDL (High: 2.0990 / Low: 2.0610).

January Spread (Volatile) ±0.1026
June Spread (Stable) ±0.0380

Growth Streaks & Declines

Trends

Between August and October, 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 0.0615 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0615

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.1283) against the same month in 2017 (average: 2.3940), the exchange rate shifted by -0.2657 (-11.10%).

2018 Avg (February) 2.1283
2017 Avg (February) 2.3940

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1858 2.0832 2.1437
February 2.1872 2.0892 2.1283
March 2.1498 2.0931 2.1330
April 2.1154 2.0691 2.0966
May 2.0799 2.0335 2.0599
June 2.0990 2.0610 2.0779
July 2.0953 2.0225 2.0551
August 2.0332 1.9611 1.9936
September 2.0819 1.9847 2.0359
October 2.0922 2.0267 2.0594
November 2.0500 1.9975 2.0188
December 2.0263 1.9323 1.9893