YEARLY HIGH
15.3363 NOK
YEARLY LOW
12.0924 NOK
YEARLY AVERAGE
13.5550 NOK

2022 JOD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 15.3363. Conversely, the yearly low was recorded on March 30, dropping to 12.0924.

This high-to-low spread represents a total annual volatility of 3.2439 NOK. From a start-to-finish perspective, comparing the January average rate of 12.4845 to the December average rate of 13.9196, the exchange rate registered a net change of 11.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 15.3363 was up 18.38% compared to the 2021 peak of 12.9549, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,682 NOK
2021 Average 60,652 NOK
Yearly Trough Low 60,462 NOK
Transaction Impact: A difference of 16,219.64 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

15.1507
12.2133
JanuMarcMayJulySeptNove

JOD 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 12.8834, compared to 14.2266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3431 points.

H1 Avg (Jan–Jun) 12.8834
H2 Avg (Jul–Dec) 14.2266

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.4586 NOK (High: 15.3363 / Low: 13.8777). On the other end, February was the most stable month, with a tight range of 0.4145 NOK (High: 12.7169 / Low: 12.3024).

September Spread (Volatile) ±1.4586
February Spread (Stable) ±0.4145

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 0.6471 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 14.4683) against the same month in 2021 (average: 12.2184), the exchange rate shifted by +2.2498 (+18.41%).

2022 Avg (September) 14.4683
2021 Avg (September) 12.2184

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.6829 12.2239 12.4845
February 12.7169 12.3024 12.5088
March 12.7591 12.0924 12.4581
April 13.2751 12.2829 12.5591
May 13.9556 13.0298 13.5343
June 14.1066 13.2130 13.7557
July 14.4778 13.6235 14.0825
August 14.0413 13.4239 13.7244
September 15.3363 13.8777 14.4683
October 15.3363 14.4286 14.9059
November 14.9252 13.8565 14.2587
December 14.1277 13.7045 13.9196