YEARLY HIGH
429.0044 MGA
YEARLY LOW
270.2114 MGA
YEARLY AVERAGE
413.0423 MGA

2019 NOK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 429.0044. Conversely, the yearly low was recorded on December 16, dropping to 270.2114.

This high-to-low spread represents a total annual volatility of 158.7930 MGA. From a start-to-finish perspective, comparing the January average rate of 416.1726 to the December average rate of 399.9242, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 429.0044 was down 1.39% compared to the 2018 peak of 435.0374, 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 2,145,022 MGA
2018 Average 2,052,645 MGA
Yearly Trough Low 1,351,057 MGA
Transaction Impact: A difference of 793,965.17 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

425.2405
397.6227
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 416.9267, compared to 409.1579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7689 points.

H1 Avg (Jan–Jun) 416.9267
H2 Avg (Jul–Dec) 409.1579

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 148.8219 MGA (High: 419.0333 / Low: 270.2114). On the other end, August was the most stable month, with a tight range of 9.4039 MGA (High: 415.6015 / Low: 406.1976).

December Spread (Volatile) ±148.8219
August Spread (Stable) ±9.4039

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 11.9671 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -11.9671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 422.0891) against the same month in 2018 (average: 411.1936), the exchange rate shifted by +10.8955 (+2.65%).

2019 Avg (July) 422.0891
2018 Avg (July) 411.1936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 427.3062 397.1987 416.1726
February 418.3784 407.8412 411.9578
March 420.2517 405.1403 411.7779
April 428.7882 416.2157 421.7101
May 422.9092 412.7424 417.0031
June 428.9847 415.8105 422.9390
July 429.0044 413.8008 422.0891
August 415.6015 406.1976 411.3305
September 419.4742 407.7268 414.9838
October 410.1888 396.5293 403.0167
November 411.7600 391.3508 403.6031
December 419.0333 270.2114 399.9242