YEARLY HIGH
0.5749 NOK
YEARLY LOW
0.3935 NOK
YEARLY AVERAGE
0.5077 NOK

2022 EGP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EGP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.5749. Conversely, the yearly low was recorded on December 14, dropping to 0.3935.

This high-to-low spread represents a total annual volatility of 0.1814 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5631 to the December average rate of 0.4004, the exchange rate registered a net change of -28.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5749 was down 1.67% compared to the 2021 peak of 0.5847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,875 NOK
2021 Average 2,739 NOK
Yearly Trough Low 1,968 NOK
Transaction Impact: A difference of 907.02 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5804
0.3841
JanuMarcMayJulySeptNove

EGP 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 0.5309, compared to 0.4845 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0464 points.

H1 Avg (Jan–Jun) 0.5309
H2 Avg (Jul–Dec) 0.4845

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.1274 NOK (High: 0.5571 / Low: 0.4297). On the other end, December was the most stable month, with a tight range of 0.0140 NOK (High: 0.4075 / Low: 0.3935).

October Spread (Volatile) ±0.1274
December Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1123 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.5336) against the same month in 2021 (average: 0.5430), the exchange rate shifted by -0.0094 (-1.72%).

2022 Avg (March) 0.5336
2021 Avg (March) 0.5430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5716 0.5514 0.5631
February 0.5740 0.5544 0.5640
March 0.5749 0.4636 0.5336
April 0.5092 0.4743 0.4831
May 0.5418 0.4998 0.5205
June 0.5337 0.5023 0.5209
July 0.5436 0.5108 0.5285
August 0.5177 0.4974 0.5081
September 0.5571 0.5082 0.5292
October 0.5571 0.4297 0.5264
November 0.4364 0.4003 0.4141
December 0.4075 0.3935 0.4004