YEARLY HIGH
234.0065 CDF
YEARLY LOW
187.8874 CDF
YEARLY AVERAGE
210.9022 CDF

2022 NOK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 234.0065. Conversely, the yearly low was recorded on October 1, dropping to 187.8874.

This high-to-low spread represents a total annual volatility of 46.1191 CDF. From a start-to-finish perspective, comparing the January average rate of 226.5601 to the December average rate of 207.1972, the exchange rate registered a net change of -8.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 234.0065 was down 3.99% compared to the 2021 peak of 243.7205, 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 1,170,033 CDF
2021 Average 1,158,361 CDF
Yearly Trough Low 939,437 CDF
Transaction Impact: A difference of 230,595.65 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

230.7049
190.2731
JanuMarcMayJulySeptNove

NOK to CDF 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 220.1693, compared to 201.6350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.5343 points.

H1 Avg (Jan–Jun) 220.1693
H2 Avg (Jul–Dec) 201.6350

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 20.1025 CDF (High: 207.9899 / Low: 187.8874). On the other end, August was the most stable month, with a tight range of 6.7877 CDF (High: 210.5349 / Low: 203.7472).

September Spread (Volatile) ±20.1025
August Spread (Stable) ±6.7877

Growth Streaks & Declines

Trends

Between January and March, 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 16.1912 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -16.1912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 227.3356) against the same month in 2021 (average: 233.1342), the exchange rate shifted by -5.7986 (-2.49%).

2022 Avg (March) 227.3356
2021 Avg (March) 233.1342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 231.0244 222.8283 226.5601
February 230.1336 221.9848 226.5817
March 234.0065 221.7745 227.3356
April 230.9226 212.9065 225.6880
May 217.3848 202.3776 209.4968
June 213.6599 200.2605 205.3538
July 207.0597 194.7301 200.2088
August 210.5349 203.7472 206.8064
September 207.9899 187.8874 199.2425
October 198.3399 187.8874 193.6424
November 208.9794 193.4816 202.7128
December 211.1920 203.6949 207.1972