YEARLY HIGH
10.8842 NOK
YEARLY LOW
8.5735 NOK
YEARLY AVERAGE
9.6114 NOK

2022 BMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 10.8842. Conversely, the yearly low was recorded on March 30, dropping to 8.5735.

This high-to-low spread represents a total annual volatility of 2.3107 NOK. From a start-to-finish perspective, comparing the January average rate of 8.8518 to the December average rate of 9.8735, the exchange rate registered a net change of 11.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 10.8842 was up 18.50% compared to the 2021 peak of 9.1850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,421 NOK
2021 Average 43,001 NOK
Yearly Trough Low 42,867 NOK
Transaction Impact: A difference of 11,553.40 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10.7430
8.6595
JanuMarcMayJulySeptNove

BMD to NOK 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 9.1350, compared to 10.0878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9527 points.

H1 Avg (Jan–Jun) 9.1350
H2 Avg (Jul–Dec) 10.0878

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.0449 NOK (High: 10.8842 / Low: 9.8393). On the other end, February was the most stable month, with a tight range of 0.2927 NOK (High: 9.0163 / Low: 8.7236).

September Spread (Volatile) ±1.0449
February Spread (Stable) ±0.2927

Growth Streaks & Declines

Trends

Between March and July, 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 October and November, when the average rate fell by 0.4591 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4591

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 10.2584) against the same month in 2021 (average: 8.6623), the exchange rate shifted by +1.5961 (+18.43%).

2022 Avg (September) 10.2584
2021 Avg (September) 8.6623

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.9922 8.6668 8.8518
February 9.0163 8.7236 8.8690
March 9.0462 8.5735 8.8332
April 9.4121 8.7085 8.9054
May 9.8945 9.2381 9.5960
June 10.0016 9.3680 9.7550
July 10.2647 9.6591 9.9845
August 9.9553 9.5176 9.7306
September 10.8842 9.8393 10.2584
October 10.8842 10.2299 10.5693
November 10.5820 9.8284 10.1103
December 10.0207 9.7206 9.8735