YEARLY HIGH
63.0033 AOA
YEARLY LOW
39.8198 AOA
YEARLY AVERAGE
48.2401 AOA

2022 NOK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 63.0033. Conversely, the yearly low was recorded on October 1, dropping to 39.8198.

This high-to-low spread represents a total annual volatility of 23.1836 AOA. From a start-to-finish perspective, comparing the January average rate of 60.7604 to the December average rate of 51.1017, the exchange rate registered a net change of -15.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 63.0033 was down 21.45% compared to the 2021 peak of 80.2045, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 315,017 AOA
2021 Average 364,629 AOA
Yearly Trough Low 199,099 AOA
Transaction Impact: A difference of 115,917.80 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

62.6383
40.1029
JanuMarcMayJulySeptNove

NOK to AOA 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 51.0477, compared to 45.4325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.6152 points.

H1 Avg (Jan–Jun) 51.0477
H2 Avg (Jul–Dec) 45.4325

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 7.7757 AOA (High: 51.0090 / Low: 43.2333). On the other end, December was the most stable month, with a tight range of 1.7671 AOA (High: 52.1085 / Low: 50.3414).

April Spread (Volatile) ±7.7757
December Spread (Stable) ±1.7671

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 5.2290 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.2290

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 60.7604) against the same month in 2021 (average: 76.9493), the exchange rate shifted by -16.1889 (-21.04%).

2022 Avg (January) 60.7604
2021 Avg (January) 76.9493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 63.0033 58.8432 60.7604
February 59.8871 55.4835 58.0295
March 56.0611 50.9959 52.8004
April 51.0090 43.2333 47.6443
May 45.1891 41.1824 42.8905
June 45.6050 43.0287 44.1612
July 44.7913 41.8801 43.1527
August 45.1351 43.1351 44.1505
September 43.5356 39.8198 41.9808
October 46.9470 39.8198 42.6946
November 51.8157 46.1204 49.5147
December 52.1085 50.3414 51.1017