YEARLY HIGH
0.5404 NOK
YEARLY LOW
0.4205 NOK
YEARLY AVERAGE
0.4784 NOK

2022 MXN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.5404. Conversely, the yearly low was recorded on March 8, dropping to 0.4205.

This high-to-low spread represents a total annual volatility of 0.1199 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4318 to the December average rate of 0.5040, the exchange rate registered a net change of 16.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5404 was up 20.64% compared to the 2021 peak of 0.4480, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 27,021 NOK
2021 Average 21,202 NOK
Yearly Trough Low 21,027 NOK
Transaction Impact: A difference of 5,994.48 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5387
0.4200
JanuMarcMayJulySeptNove

MXN 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 0.4511, compared to 0.5058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0547 points.

H1 Avg (Jan–Jun) 0.4511
H2 Avg (Jul–Dec) 0.5058

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0442 NOK (High: 0.5402 / Low: 0.4960). On the other end, January was the most stable month, with a tight range of 0.0102 NOK (High: 0.4358 / Low: 0.4256).

September Spread (Volatile) ±0.0442
January Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0157 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.5288) against the same month in 2021 (average: 0.4139), the exchange rate shifted by +0.1149 (+27.76%).

2022 Avg (October) 0.5288
2021 Avg (October) 0.4139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4358 0.4256 0.4318
February 0.4435 0.4241 0.4333
March 0.4421 0.4205 0.4299
April 0.4601 0.4339 0.4436
May 0.4936 0.4598 0.4796
June 0.4983 0.4793 0.4882
July 0.4965 0.4743 0.4870
August 0.4930 0.4702 0.4833
September 0.5402 0.4960 0.5116
October 0.5404 0.5129 0.5288
November 0.5379 0.5069 0.5198
December 0.5102 0.4955 0.5040