YEARLY HIGH
0.0449 NOK
YEARLY LOW
0.0258 NOK
YEARLY AVERAGE
0.0309 NOK

2022 LKR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LKR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0449. Conversely, the yearly low was recorded on May 30, dropping to 0.0258.

This high-to-low spread represents a total annual volatility of 0.0191 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0437 to the December average rate of 0.0269, the exchange rate registered a net change of -38.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0449 was down 3.25% compared to the 2021 peak of 0.0464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 224 NOK
2021 Average 217 NOK
Yearly Trough Low 129 NOK
Transaction Impact: A difference of 95.36 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0455
0.0251
JanuMarcMayJulySeptNove

LKR 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 0.0340, compared to 0.0278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0340
H2 Avg (Jul–Dec) 0.0278

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0158 NOK (High: 0.0449 / Low: 0.0291). On the other end, December was the most stable month, with a tight range of 0.0009 NOK (High: 0.0273 / Low: 0.0264).

March Spread (Volatile) ±0.0158
December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between May and July, 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 0.0085 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0353) against the same month in 2021 (average: 0.0432), the exchange rate shifted by -0.0079 (-18.38%).

2022 Avg (March) 0.0353
2021 Avg (March) 0.0432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0446 0.0427 0.0437
February 0.0445 0.0431 0.0438
March 0.0449 0.0291 0.0353
April 0.0296 0.0263 0.0275
May 0.0280 0.0258 0.0268
June 0.0286 0.0260 0.0271
July 0.0286 0.0269 0.0278
August 0.0281 0.0263 0.0270
September 0.0298 0.0272 0.0284
October 0.0298 0.0280 0.0289
November 0.0288 0.0267 0.0276
December 0.0273 0.0264 0.0269