YEARLY HIGH
0.2070 BAM
YEARLY LOW
0.1842 BAM
YEARLY AVERAGE
0.1937 BAM

2022 NOK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.2070. Conversely, the yearly low was recorded on October 1, dropping to 0.1842.

This high-to-low spread represents a total annual volatility of 0.0228 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1952 to the December average rate of 0.1872, the exchange rate registered a net change of -4.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2070 was up 2.35% compared to the 2021 peak of 0.2022, 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 1,035 BAM
2021 Average 962 BAM
Yearly Trough Low 921 BAM
Transaction Impact: A difference of 113.99 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2045
0.1856
JanuMarcMayJulySeptNove

NOK to BAM 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 0.1960, compared to 0.1914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.1960
H2 Avg (Jul–Dec) 0.1914

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0138 BAM (High: 0.1979 / Low: 0.1842). On the other end, January was the most stable month, with a tight range of 0.0056 BAM (High: 0.1986 / Low: 0.1930).

September Spread (Volatile) ±0.0138
January Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0102 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.2011) against the same month in 2021 (average: 0.1928), the exchange rate shifted by +0.0083 (+4.29%).

2022 Avg (March) 0.2011
2021 Avg (March) 0.1928

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1986 0.1930 0.1952
February 0.1986 0.1911 0.1943
March 0.2070 0.1968 0.2011
April 0.2064 0.1973 0.2029
May 0.2010 0.1879 0.1927
June 0.1952 0.1858 0.1897
July 0.1982 0.1883 0.1921
August 0.2031 0.1948 0.1985
September 0.1979 0.1842 0.1922
October 0.1922 0.1842 0.1885
November 0.1949 0.1849 0.1896
December 0.1927 0.1850 0.1872