YEARLY HIGH
0.7404 CNY
YEARLY LOW
0.6538 CNY
YEARLY AVERAGE
0.7010 CNY

2022 NOK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.7404. Conversely, the yearly low was recorded on October 1, dropping to 0.6538.

This high-to-low spread represents a total annual volatility of 0.0866 CNY. From a start-to-finish perspective, comparing the January average rate of 0.7180 to the December average rate of 0.7064, the exchange rate registered a net change of -1.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7404 was down 6.58% compared to the 2021 peak of 0.7926, 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 3,702 CNY
2021 Average 3,754 CNY
Yearly Trough Low 3,269 CNY
Transaction Impact: A difference of 432.97 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7269
0.6698
JanuMarcMayJulySeptNove

NOK to CNY 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 0.7098, compared to 0.6921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0177 points.

H1 Avg (Jan–Jun) 0.7098
H2 Avg (Jul–Dec) 0.6921

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0502 CNY (High: 0.7040 / Low: 0.6538). On the other end, August was the most stable month, with a tight range of 0.0210 CNY (High: 0.7095 / Low: 0.6885).

September Spread (Volatile) ±0.0502
August Spread (Stable) ±0.0210

Growth Streaks & Declines

Trends

Between February and April, 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 0.0239 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.7186) against the same month in 2021 (average: 0.7638), the exchange rate shifted by -0.0452 (-5.92%).

2022 Avg (March) 0.7186
2021 Avg (March) 0.7638

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7337 0.7061 0.7180
February 0.7292 0.7026 0.7152
March 0.7404 0.6987 0.7186
April 0.7309 0.7030 0.7222
May 0.7154 0.6826 0.6982
June 0.7110 0.6712 0.6867
July 0.6982 0.6551 0.6746
August 0.7095 0.6885 0.6989
September 0.7040 0.6538 0.6836
October 0.7036 0.6538 0.6805
November 0.7263 0.6900 0.7089
December 0.7247 0.6947 0.7064