2022 CVE to NOK Historical Review

YEARLY HIGH

0.0976 NOK

YEARLY LOW

0.0854 NOK

YEARLY AVERAGE

0.0914 NOK

2022 CVE to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.0976. Conversely, the yearly low was recorded on March 26, dropping to 0.0854.

This high-to-low spread represents a total annual volatility of 0.0121 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0906 to the December average rate of 0.0946, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0976 was up 1.45% compared to the 2021 peak of 0.0962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 488 NOK

2021 Average 459 NOK

Yearly Trough Low 427 NOK

Transaction Impact: A difference of 60.52 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0954

0.0865

JanuMarcMayJulySeptNove

CVE 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 0.0903, compared to 0.0926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0903

H2 Avg (Jul–Dec) 0.0926

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0080 NOK (High: 0.0976 / Low: 0.0896). On the other end, January was the most stable month, with a tight range of 0.0021 NOK (High: 0.0915 / Low: 0.0893).

September Spread (Volatile) ±0.0080

January Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0923) against the same month in 2021 (average: 0.0923), the exchange rate shifted by +0.0000 (+0.02%).

2022 Avg (September) 0.0923

2021 Avg (September) 0.0923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0915	0.0893	0.0906
February	0.0923	0.0890	0.0909
March	0.0901	0.0854	0.0878
April	0.0901	0.0857	0.0873
May	0.0947	0.0879	0.0917
June	0.0948	0.0908	0.0932
July	0.0952	0.0890	0.0928
August	0.0904	0.0873	0.0891
September	0.0976	0.0896	0.0923
October	0.0963	0.0889	0.0937
November	0.0954	0.0896	0.0931
December	0.0957	0.0914	0.0946