2022 MXN to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |