2022 NOK to CAD Historical Review

YEARLY HIGH

0.1456 CAD

YEARLY LOW

0.1268 CAD

YEARLY AVERAGE

0.1358 CAD

2022 NOK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.1456. Conversely, the yearly low was recorded on October 2, dropping to 0.1268.

This high-to-low spread represents a total annual volatility of 0.0188 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1427 to the December average rate of 0.1378, the exchange rate registered a net change of -3.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1456 was down 3.64% compared to the 2021 peak of 0.1511, 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 728 CAD

2021 Average 729 CAD

Yearly Trough Low 634 CAD

Transaction Impact: A difference of 94.13 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1449

0.1281

JanuMarcMayJulySeptNove

NOK to CAD 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 0.1394, compared to 0.1321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.1394

H2 Avg (Jul–Dec) 0.1321

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0084 CAD (High: 0.1445 / Low: 0.1360). On the other end, August was the most stable month, with a tight range of 0.0025 CAD (High: 0.1342 / Low: 0.1317).

April Spread (Volatile) ±0.0084

August Spread (Stable) ±0.0025

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 0.0080 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.1432) against the same month in 2021 (average: 0.1474), the exchange rate shifted by -0.0042 (-2.86%).

2022 Avg (March) 0.1432

2021 Avg (March) 0.1474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1443	0.1408	0.1427
February	0.1453	0.1415	0.1435
March	0.1456	0.1415	0.1432
April	0.1445	0.1360	0.1419
May	0.1379	0.1303	0.1339
June	0.1342	0.1295	0.1314
July	0.1325	0.1270	0.1295
August	0.1342	0.1317	0.1329
September	0.1320	0.1270	0.1298
October	0.1325	0.1268	0.1297
November	0.1365	0.1299	0.1328
December	0.1394	0.1363	0.1378