2018 NOK to MVR Historical Review

YEARLY HIGH

2.0153 MVR

YEARLY LOW

1.7614 MVR

YEARLY AVERAGE

1.8991 MVR

2018 NOK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.0153. Conversely, the yearly low was recorded on December 23, dropping to 1.7614.

This high-to-low spread represents a total annual volatility of 0.2539 MVR. From a start-to-finish perspective, comparing the January average rate of 1.9486 to the December average rate of 1.7901, the exchange rate registered a net change of -8.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.0153 was up 0.90% compared to the 2017 peak of 1.9972, 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 10,076 MVR

2017 Average 9,342 MVR

Yearly Trough Low 8,807 MVR

Transaction Impact: A difference of 1,269.53 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0087

1.7702

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 1.9486, compared to 1.8496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0990 points.

H1 Avg (Jan–Jun) 1.9486

H2 Avg (Jul–Dec) 1.8496

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1255 MVR (High: 2.0043 / Low: 1.8788). On the other end, July was the most stable month, with a tight range of 0.0482 MVR (High: 1.9216 / Low: 1.8734).

January Spread (Volatile) ±0.1255

July Spread (Stable) ±0.0482

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0517 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.9702) against the same month in 2017 (average: 1.8558), the exchange rate shifted by +0.1143 (+6.16%).

2018 Avg (February) 1.9702

2017 Avg (February) 1.8558

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0043	1.8788	1.9486
February	2.0153	1.9315	1.9702
March	2.0132	1.9635	1.9888
April	1.9862	1.9284	1.9665
May	1.9410	1.8704	1.9148
June	1.9353	1.8809	1.9026
July	1.9216	1.8734	1.8973
August	1.8854	1.8229	1.8502
September	1.8999	1.8291	1.8681
October	1.8971	1.8319	1.8685
November	1.8518	1.7972	1.8235
December	1.8174	1.7614	1.7901