YEARLY HIGH
0.0708 NOK
YEARLY LOW
0.0560 NOK
YEARLY AVERAGE
0.0629 NOK

2022 LRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0708. Conversely, the yearly low was recorded on March 30, dropping to 0.0560.

This high-to-low spread represents a total annual volatility of 0.0147 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0593 to the December average rate of 0.0640, the exchange rate registered a net change of 8.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0708 was up 9.41% compared to the 2021 peak of 0.0647, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 354 NOK
2021 Average 260 NOK
Yearly Trough Low 280 NOK
Transaction Impact: A difference of 73.66 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0699
0.0564
JanuMarcMayJulySeptNove

LRD 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 0.0601, compared to 0.0657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0601
H2 Avg (Jul–Dec) 0.0657

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0069 NOK (High: 0.0708 / Low: 0.0639). On the other end, February was the most stable month, with a tight range of 0.0015 NOK (High: 0.0585 / Low: 0.0570).

September Spread (Volatile) ±0.0069
February Spread (Stable) ±0.0015

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 0.0031 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0667) against the same month in 2021 (average: 0.0505), the exchange rate shifted by +0.0162 (+32.00%).

2022 Avg (September) 0.0667
2021 Avg (September) 0.0505

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0609 0.0582 0.0593
February 0.0585 0.0570 0.0577
March 0.0588 0.0560 0.0575
April 0.0619 0.0571 0.0585
May 0.0652 0.0612 0.0632
June 0.0658 0.0616 0.0641
July 0.0674 0.0632 0.0655
August 0.0647 0.0620 0.0633
September 0.0708 0.0639 0.0667
October 0.0708 0.0666 0.0688
November 0.0689 0.0638 0.0657
December 0.0651 0.0631 0.0640