2022 NOK to BHD Historical Review

YEARLY HIGH

0.0440 BHD

YEARLY LOW

0.0347 BHD

YEARLY AVERAGE

0.0394 BHD

2022 NOK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0440. Conversely, the yearly low was recorded on October 1, dropping to 0.0347.

This high-to-low spread represents a total annual volatility of 0.0093 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0426 to the December average rate of 0.0382, the exchange rate registered a net change of -10.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0440 was down 4.64% compared to the 2021 peak of 0.0461, 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 220 BHD

2021 Average 219 BHD

Yearly Trough Low 173 BHD

Transaction Impact: A difference of 46.57 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0434

0.0350

JanuMarcMayJulySeptNove

NOK to BHD 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 0.0414, compared to 0.0374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0414

H2 Avg (Jul–Dec) 0.0374

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0037 BHD (High: 0.0383 / Low: 0.0347). On the other end, December was the most stable month, with a tight range of 0.0012 BHD (High: 0.0388 / Low: 0.0376).

September Spread (Volatile) ±0.0037

December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between October and December, 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 0.0031 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0427) against the same month in 2021 (average: 0.0442), the exchange rate shifted by -0.0015 (-3.45%).

2022 Avg (March) 0.0427

2021 Avg (March) 0.0442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0435	0.0419	0.0426
February	0.0432	0.0418	0.0425
March	0.0440	0.0417	0.0427
April	0.0433	0.0401	0.0424
May	0.0408	0.0381	0.0393
June	0.0402	0.0377	0.0387
July	0.0390	0.0367	0.0378
August	0.0396	0.0379	0.0387
September	0.0383	0.0347	0.0368
October	0.0369	0.0347	0.0357
November	0.0384	0.0356	0.0373
December	0.0388	0.0376	0.0382