2022 MVR to NOK Historical Review

YEARLY HIGH

0.7045 NOK

YEARLY LOW

0.5549 NOK

YEARLY AVERAGE

0.6232 NOK

2022 MVR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MVR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.7045. Conversely, the yearly low was recorded on March 30, dropping to 0.5549.

This high-to-low spread represents a total annual volatility of 0.1496 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5730 to the December average rate of 0.6423, the exchange rate registered a net change of 12.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7045 was up 18.50% compared to the 2021 peak of 0.5945, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,522 NOK

2021 Average 2,786 NOK

Yearly Trough Low 2,775 NOK

Transaction Impact: A difference of 747.79 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6959

0.5606

JanuMarcMayJulySeptNove

MVR 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 0.5916, compared to 0.6549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0633 points.

H1 Avg (Jan–Jun) 0.5916

H2 Avg (Jul–Dec) 0.6549

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0701 NOK (High: 0.7045 / Low: 0.6344). On the other end, February was the most stable month, with a tight range of 0.0189 NOK (High: 0.5836 / Low: 0.5646).

September Spread (Volatile) ±0.0701

February Spread (Stable) ±0.0189

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 0.0282 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.6643) against the same month in 2021 (average: 0.5612), the exchange rate shifted by +0.1031 (+18.36%).

2022 Avg (September) 0.6643

2021 Avg (September) 0.5612

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5820	0.5619	0.5730
February	0.5836	0.5646	0.5741
March	0.5855	0.5549	0.5718
April	0.6092	0.5637	0.5764
May	0.6408	0.5979	0.6213
June	0.6510	0.6069	0.6328
July	0.6621	0.6272	0.6482
August	0.6481	0.6196	0.6334
September	0.7045	0.6344	0.6643
October	0.7045	0.6647	0.6846
November	0.6862	0.6411	0.6564
December	0.6528	0.6314	0.6423