YEARLY HIGH
2.2823 MVR
YEARLY LOW
1.9196 MVR
YEARLY AVERAGE
2.1205 MVR

2010 NOK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NOK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 2.2823. Conversely, the yearly low was recorded on June 8, dropping to 1.9196.

This high-to-low spread represents a total annual volatility of 0.3627 MVR. From a start-to-finish perspective, comparing the January average rate of 2.2268 to the December average rate of 2.1409, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 11,411 MVR
Yearly Average 10,603 MVR
Yearly Trough Low 9,598 MVR
Transaction Impact: A difference of 1,813.38 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.2516
1.9532
JanuMarcMayJulySeptNove

NOK to MVR 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 2.1218, compared to 2.1192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 2.1218
H2 Avg (Jul–Dec) 2.1192

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.2377 MVR (High: 2.1696 / Low: 1.9319). On the other end, April was the most stable month, with a tight range of 0.0443 MVR (High: 2.1848 / Low: 2.1405).

May Spread (Volatile) ±0.2377
April Spread (Stable) ±0.0443

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, when the average rate fell by 0.1233 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1233

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 2.2268.

2010 Avg (January) 2.2268
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2823 2.1680 2.2268
February 2.1906 2.1312 2.1597
March 2.1991 2.1130 2.1618
April 2.1848 2.1405 2.1639
May 2.1696 1.9319 2.0406
June 2.0142 1.9196 1.9781
July 2.1068 1.9734 2.0401
August 2.1480 2.0175 2.0807
September 2.1889 2.0640 2.1130
October 2.2331 2.1684 2.1945
November 2.2359 2.0613 2.1462
December 2.1940 2.0843 2.1409