2022 NOK to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NOK to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NOK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 10.7755. Conversely, the yearly low was recorded on May 12, dropping to 8.7835.
This high-to-low spread represents a total annual volatility of 1.9920 BDT. From a start-to-finish perspective, comparing the January average rate of 9.7042 to the December average rate of 10.5141, the exchange rate registered a net change of 8.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 10.7755 was up 3.89% compared to the 2021 peak of 10.3718, 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 BDT 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 9.5723, compared to 9.8391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2669 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 1.1712 BDT (High: 10.2614 / Low: 9.0902). On the other end, February was the most stable month, with a tight range of 0.3109 BDT (High: 9.8460 / Low: 9.5351).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 0.6107 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 10.5141) against the same month in 2021 (average: 9.5627), the exchange rate shifted by +0.9513 (+9.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.9184 | 9.5429 | 9.7042 |
| February | 9.8460 | 9.5351 | 9.6938 |
| March | 10.0569 | 9.4864 | 9.7555 |
| April | 9.9117 | 9.1803 | 9.7086 |
| May | 9.5070 | 8.7835 | 9.0979 |
| June | 9.8086 | 9.2914 | 9.4737 |
| July | 9.8164 | 9.0984 | 9.4134 |
| August | 9.9836 | 9.5366 | 9.7632 |
| September | 10.2614 | 9.0902 | 9.5549 |
| October | 10.2398 | 9.3117 | 9.6855 |
| November | 10.5517 | 9.6265 | 10.1036 |
| December | 10.7755 | 10.2547 | 10.5141 |