2022 NOK to BGN Historical Review

YEARLY HIGH

0.2070 BGN

YEARLY LOW

0.1834 BGN

YEARLY AVERAGE

0.1937 BGN

2022 NOK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to BGN 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 0.1834.

This high-to-low spread represents a total annual volatility of 0.0236 BGN. 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 -4.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2070 was up 2.56% compared to the 2021 peak of 0.2018, 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 BGN

2021 Average 962 BGN

Yearly Trough Low 917 BGN

Transaction Impact: A difference of 117.91 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2047

0.1856

JanuMarcMayJulySeptNove

NOK to BGN 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 0.1961, compared to 0.1913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.1961

H2 Avg (Jul–Dec) 0.1913

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0144 BGN (High: 0.1978 / Low: 0.1834). On the other end, January was the most stable month, with a tight range of 0.0047 BGN (High: 0.1973 / Low: 0.1926).

September Spread (Volatile) ±0.0144

January Spread (Stable) ±0.0047

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 0.0103 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.2012) against the same month in 2021 (average: 0.1928), the exchange rate shifted by +0.0084 (+4.35%).

2022 Avg (March) 0.2012

2021 Avg (March) 0.1928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1973	0.1926	0.1952
February	0.1978	0.1918	0.1944
March	0.2070	0.1975	0.2012
April	0.2065	0.1974	0.2031
May	0.1995	0.1890	0.1928
June	0.1943	0.1861	0.1898
July	0.1982	0.1892	0.1923
August	0.2029	0.1955	0.1987
September	0.1978	0.1834	0.1924
October	0.1909	0.1834	0.1882
November	0.1922	0.1856	0.1893
December	0.1917	0.1854	0.1872