YEARLY HIGH
435.0374 MGA
YEARLY LOW
390.9282 MGA
YEARLY AVERAGE
410.5302 MGA

2018 NOK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 435.0374. Conversely, the yearly low was recorded on August 20, dropping to 390.9282.

This high-to-low spread represents a total annual volatility of 44.1092 MGA. From a start-to-finish perspective, comparing the January average rate of 410.1685 to the December average rate of 411.3836, the exchange rate registered a net change of 0.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 435.0374 was up 9.49% compared to the 2017 peak of 397.3234, 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 2,175,187 MGA
2017 Average 1,888,976 MGA
Yearly Trough Low 1,954,641 MGA
Transaction Impact: A difference of 220,546.07 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

427.2694
393.6797
JanuMarcMayJulySeptNove

NOK to MGA 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 407.7901, compared to 413.2702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4800 points.

H1 Avg (Jan–Jun) 407.7901
H2 Avg (Jul–Dec) 413.2702

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 30.9216 MGA (High: 430.4603 / Low: 399.5387). On the other end, November was the most stable month, with a tight range of 8.7549 MGA (High: 429.5609 / Low: 420.8060).

December Spread (Volatile) ±30.9216
November Spread (Stable) ±8.7549

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 14.7147 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -14.7147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 423.9595) against the same month in 2017 (average: 384.8875), the exchange rate shifted by +39.0720 (+10.15%).

2018 Avg (October) 423.9595
2017 Avg (October) 384.8875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 417.5260 397.6844 410.1685
February 420.9829 395.5248 404.4852
March 417.1056 392.3283 405.5692
April 415.3395 401.5349 409.9538
May 407.6129 396.1467 402.4424
June 424.2363 404.6592 414.1217
July 419.6339 400.4864 411.1936
August 402.0068 390.9282 396.4789
September 421.6141 397.4714 412.1353
October 435.0374 417.9630 423.9595
November 429.5609 420.8060 424.4702
December 430.4603 399.5387 411.3836