YEARLY HIGH
0.0286 NOK
YEARLY LOW
0.0234 NOK
YEARLY AVERAGE
0.0259 NOK

2022 HUF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HUF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0286. Conversely, the yearly low was recorded on August 23, dropping to 0.0234.

This high-to-low spread represents a total annual volatility of 0.0052 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0279 to the December average rate of 0.0257, the exchange rate registered a net change of -7.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0286 was down 5.23% compared to the 2021 peak of 0.0302, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 28,591 NOK
2021 Average 28,375 NOK
Yearly Trough Low 23,401 NOK
Transaction Impact: A difference of 5,189.57 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0285
0.0242
JanuMarcMayJulySeptNove

HUF 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 0.0266, compared to 0.0252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0266
H2 Avg (Jul–Dec) 0.0252

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0020 NOK (High: 0.0254 / Low: 0.0234). On the other end, November was the most stable month, with a tight range of 0.0009 NOK (High: 0.0259 / Low: 0.0250).

August Spread (Volatile) ±0.0020
November Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0281) against the same month in 2021 (average: 0.0287), the exchange rate shifted by -0.0006 (-2.02%).

2022 Avg (February) 0.0281
2021 Avg (February) 0.0287

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0282 0.0271 0.0279
February 0.0286 0.0267 0.0281
March 0.0266 0.0250 0.0258
April 0.0263 0.0251 0.0257
May 0.0270 0.0253 0.0263
June 0.0265 0.0255 0.0260
July 0.0259 0.0244 0.0253
August 0.0254 0.0234 0.0245
September 0.0257 0.0245 0.0251
October 0.0255 0.0241 0.0249
November 0.0259 0.0250 0.0254
December 0.0264 0.0248 0.0257