2022 NOK to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NOK to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NOK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 18.1275. Conversely, the yearly low was recorded on January 3, dropping to 11.6059.
This high-to-low spread represents a total annual volatility of 6.5216 ARS. From a start-to-finish perspective, comparing the January average rate of 11.7376 to the December average rate of 17.4521, the exchange rate registered a net change of 48.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 18.1275 was up 51.57% compared to the 2021 peak of 11.9595, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NOK to ARS 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 12.2852, compared to 14.7650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4798 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 2.1033 ARS (High: 17.0217 / Low: 14.9184). On the other end, February was the most stable month, with a tight range of 0.3092 ARS (High: 12.1848 / Low: 11.8756).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4516 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 17.4521) against the same month in 2021 (average: 11.3531), the exchange rate shifted by +6.0990 (+53.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.9619 | 11.6059 | 11.7376 |
| February | 12.1848 | 11.8756 | 11.9950 |
| March | 12.9340 | 11.9873 | 12.3906 |
| April | 12.9510 | 12.2395 | 12.7293 |
| May | 12.8308 | 11.8784 | 12.2778 |
| June | 12.8562 | 12.2533 | 12.5809 |
| July | 13.5837 | 12.4289 | 12.8560 |
| August | 14.2108 | 13.5020 | 13.9075 |
| September | 14.4602 | 13.5071 | 13.9412 |
| October | 15.1904 | 13.5335 | 14.3957 |
| November | 17.0217 | 14.9184 | 16.0373 |
| December | 18.1275 | 16.9259 | 17.4521 |