YEARLY HIGH
106.0800 CLP
YEARLY LOW
85.6926 CLP
YEARLY AVERAGE
90.9610 CLP

2022 NOK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 106.0800. Conversely, the yearly low was recorded on June 11, dropping to 85.6926.

This high-to-low spread represents a total annual volatility of 20.3874 CLP. From a start-to-finish perspective, comparing the January average rate of 92.7170 to the December average rate of 88.3636, the exchange rate registered a net change of -4.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 106.0800 was up 8.40% compared to the 2021 peak of 97.8574, 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 530,400 CLP
2021 Average 441,881 CLP
Yearly Trough Low 428,463 CLP
Transaction Impact: A difference of 101,937.07 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

96.9334
87.5395
JanuMarcMayJulySeptNove

NOK to CLP 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 90.5182, compared to 91.4038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8856 points.

H1 Avg (Jan–Jun) 90.5182
H2 Avg (Jul–Dec) 91.4038

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 13.0877 CLP (High: 106.0800 / Low: 92.9923). On the other end, March was the most stable month, with a tight range of 2.5466 CLP (High: 91.8760 / Low: 89.3294).

July Spread (Volatile) ±13.0877
March Spread (Stable) ±2.5466

Growth Streaks & Declines

Trends

Between May and July, 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 3.4924 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.4924

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 96.1506) against the same month in 2021 (average: 85.7678), the exchange rate shifted by +10.3828 (+12.11%).

2022 Avg (July) 96.1506
2021 Avg (July) 85.7678

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 96.8589 89.6610 92.7170
February 94.3955 88.5662 91.1925
March 91.8760 89.3294 90.3812
April 93.5862 89.3834 91.8148
May 92.3903 85.8538 88.3224
June 93.9869 85.6926 88.6815
July 106.0800 92.9923 96.1506
August 96.2196 90.0910 92.8683
September 91.7054 87.3036 90.0258
October 93.8515 86.1935 90.2800
November 93.3545 87.3312 90.7344
December 90.5058 86.0711 88.3636