NOK to MVR Historical Rates

Analyze long-term market trends and access daily historical data for the NOK/MVR pair.

10-YEAR HIGH
2.0153 MVR
10-YEAR LOW
1.3063 MVR
10-YEAR AVERAGE
1.6651 MVR

10-Year NOK to MVR Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the NOK to MVR exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on February 1, 2018, when the pair was valued at 2.0153. Conversely, the absolute lowest rate of the decade was recorded on March 21, 2020, dropping to a support floor of 1.3063.

This peak-to-trough range represents a total macro spread of 0.7090 MVR. From a long-term perspective, comparing the decade's oldest annual average of 1.8312 (in 2016) to the newest annual average of 1.6013 (in 2026), the exchange rate registered a net shift of -12.56%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 1.5302, showing a variance of 0.2678 points compared to the older 5-year average of 1.7980.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 NOK over the decade:

Decade Peak High 10,076 MVR
10-Year Average 8,325 MVR
Decade Trough Low 6,532 MVR
Macro Timing Impact: A difference of 3,544.87 MVR purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

2.0622
1.2883
201620182020202220242026

NOK to MVR Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 1.7980, compared to 1.5302 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.2678 points.

Older 5 Yrs Avg 1.7980
Recent 5 Yrs Avg 1.5302

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2020, with a trading range of 0.4979 MVR (High: 1.8043 / Low: 1.3063). Conversely, 2026 was the most stable year, with a range of 0.1375 MVR (High: 1.6656 / Low: 1.5281).

2020 Spread (Volatile) ±0.4979
2026 Spread (Stable) ±0.1375

Decade Growth & Declines

Macro Trends

Between 2016 and 2018, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2021 and 2022, when the average rate fell by 0.1852 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -0.1852

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 1.8312) against the newest annual average (2026: 1.6013), the exchange rate shifted by -0.2299 (-12.56%).

2016 Baseline Avg 1.8312
2026 Current Avg 1.6013

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 1.5984
2026-07-28 1.5986
2026-07-27 1.6042
2026-07-26 1.6131
2026-07-25 1.6132
2026-07-24 1.6104
2026-07-23 1.6109
2026-07-22 1.6075
2026-07-21 1.6036
2026-07-20 1.6007
2026-07-19 1.5990
2026-07-18 1.6025
2026-07-17 1.6002
2026-07-16 1.5992
2026-07-15 1.5957
2026-07-14 1.5903
2026-07-13 1.5796
2026-07-12 1.5800
2026-07-11 1.5793
2026-07-10 1.5858
2026-07-09 1.5863
2026-07-08 1.5801
2026-07-07 1.5769
2026-07-06 1.5735
2026-07-05 1.5715
2026-07-04 1.5710
2026-07-03 1.5726
2026-07-02 1.5652
2026-07-01 1.5575
2026-06-30 1.5579

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