2022 NOK to BOB Historical Review

YEARLY HIGH

0.8019 BOB

YEARLY LOW

0.6351 BOB

YEARLY AVERAGE

0.7200 BOB

2022 NOK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.8019. Conversely, the yearly low was recorded on October 1, dropping to 0.6351.

This high-to-low spread represents a total annual volatility of 0.1667 BOB. From a start-to-finish perspective, comparing the January average rate of 0.7784 to the December average rate of 0.7002, the exchange rate registered a net change of -10.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8019 was down 5.06% compared to the 2021 peak of 0.8446, 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 4,009 BOB

2021 Average 4,016 BOB

Yearly Trough Low 3,176 BOB

Transaction Impact: A difference of 833.64 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7914

0.6416

JanuMarcMayJulySeptNove

NOK to BOB 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 0.7550, compared to 0.6849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0701 points.

H1 Avg (Jan–Jun) 0.7550

H2 Avg (Jul–Dec) 0.6849

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0673 BOB (High: 0.7024 / Low: 0.6351). On the other end, December was the most stable month, with a tight range of 0.0215 BOB (High: 0.7110 / Low: 0.6894).

September Spread (Volatile) ±0.0673

December Spread (Stable) ±0.0215

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 0.0571 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0571

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.7790) against the same month in 2021 (average: 0.8101), the exchange rate shifted by -0.0312 (-3.85%).

2022 Avg (March) 0.7790

2021 Avg (March) 0.8101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7943	0.7646	0.7784
February	0.7896	0.7636	0.7760
March	0.8019	0.7591	0.7790
April	0.7898	0.7299	0.7738
May	0.7440	0.6959	0.7167
June	0.7351	0.6882	0.7063
July	0.7139	0.6693	0.6888
August	0.7251	0.6935	0.7095
September	0.7024	0.6351	0.6738
October	0.6726	0.6351	0.6541
November	0.7044	0.6518	0.6831
December	0.7110	0.6894	0.7002