NOK to MZN Historical Rates

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

10-YEAR HIGH
9.8395 MZN
10-YEAR LOW
5.5682 MZN
10-YEAR AVERAGE
6.9785 MZN

10-Year NOK to MZN Performance & Macro Timing Review

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

Over the last 10 years, the NOK to MZN exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on October 3, 2016, when the pair was valued at 9.8395. Conversely, the absolute lowest rate of the decade was recorded on January 11, 2025, dropping to a support floor of 5.5682.

This peak-to-trough range represents a total macro spread of 4.2713 MZN. From a long-term perspective, comparing the decade's oldest annual average of 8.9670 (in 2016) to the newest annual average of 6.6239 (in 2026), the exchange rate registered a net shift of -26.13%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 6.3430, showing a variance of 1.2620 points compared to the older 5-year average of 7.6050.

10-Year Payout Timing Comparison

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

Decade Peak High 49,198 MZN
10-Year Average 34,892 MZN
Decade Trough Low 27,841 MZN
Macro Timing Impact: A difference of 21,356.55 MZN purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

10.1030
5.1982
201620182020202220242026

NOK to MZN 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 7.6050, compared to 6.3430 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 1.2620 points.

Older 5 Yrs Avg 7.6050
Recent 5 Yrs Avg 6.3430

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2020, with a trading range of 3.1603 MZN (High: 8.7870 / Low: 5.6267). Conversely, 2026 was the most stable year, with a range of 0.5877 MZN (High: 6.9089 / Low: 6.3212).

2020 Spread (Volatile) ±3.1603
2026 Spread (Stable) ±0.5877

Decade Growth & Declines

Macro Trends

Between 2019 and 2021, 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 2016 and 2017, when the average rate fell by 1.1950 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -1.1950

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 8.9670) against the newest annual average (2026: 6.6239), the exchange rate shifted by -2.3431 (-26.13%).

2016 Baseline Avg 8.9670
2026 Current Avg 6.6239

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-08-01 6.7479
2026-07-31 6.6972
2026-07-30 6.6545
2026-07-29 6.6076
2026-07-28 6.6100
2026-07-27 6.6350
2026-07-26 6.6715
2026-07-25 6.6722
2026-07-24 6.6606
2026-07-23 6.6594
2026-07-22 6.6479
2026-07-21 6.6232
2026-07-20 6.6088
2026-07-19 6.6091
2026-07-18 6.6247
2026-07-17 6.6150
2026-07-16 6.6111
2026-07-15 6.5989
2026-07-14 6.5749
2026-07-13 6.5330
2026-07-12 6.5348
2026-07-11 6.5320
2026-07-10 6.5563
2026-07-09 6.5600
2026-07-08 6.5326
2026-07-07 6.5210
2026-07-06 6.4989
2026-07-05 6.4957
2026-07-04 6.4943
2026-07-03 6.5011
2026-07-02 6.4727

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