YEARLY HIGH
2.8363 MVR
YEARLY LOW
2.4502 MVR
YEARLY AVERAGE
2.6196 MVR

2013 NOK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NOK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.8363. Conversely, the yearly low was recorded on July 7, dropping to 2.4502.

This high-to-low spread represents a total annual volatility of 0.3861 MVR. From a start-to-finish perspective, comparing the January average rate of 2.7757 to the December average rate of 2.5034, the exchange rate registered a net change of -9.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.8363 was up 2.52% compared to the 2012 peak of 2.7667, 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 14,182 MVR
2012 Average 12,655 MVR
Yearly Trough Low 12,251 MVR
Transaction Impact: A difference of 1,930.47 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.8029
2.4762
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 2.6862, compared to 2.5530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1333 points.

H1 Avg (Jan–Jun) 2.6862
H2 Avg (Jul–Dec) 2.5530

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.1838 MVR (High: 2.6839 / Low: 2.5001). On the other end, December was the most stable month, with a tight range of 0.0468 MVR (High: 2.5302 / Low: 2.4834).

June Spread (Volatile) ±0.1838
December Spread (Stable) ±0.0468

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1031 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 2.7702) against the same month in 2012 (average: 2.4670), the exchange rate shifted by +0.3032 (+12.29%).

2013 Avg (February) 2.7702
2012 Avg (February) 2.4670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8222 2.7496 2.7757
February 2.8363 2.6889 2.7702
March 2.7275 2.6257 2.6671
April 2.6863 2.6116 2.6566
May 2.6722 2.6078 2.6350
June 2.6839 2.5001 2.6130
July 2.6045 2.4502 2.5478
August 2.6330 2.5128 2.5796
September 2.6379 2.5083 2.5711
October 2.6095 2.5571 2.5868
November 2.5849 2.4867 2.5292
December 2.5302 2.4834 2.5034