2022 NOK to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NOK to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NOK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 496.4437. Conversely, the yearly low was recorded on June 16, dropping to 385.9464.
This high-to-low spread represents a total annual volatility of 110.4973 COP. From a start-to-finish perspective, comparing the January average rate of 452.0013 to the December average rate of 485.1074, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 496.4437 was up 7.27% compared to the 2021 peak of 462.8057, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NOK to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 429.3869, compared to 455.6148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.2279 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 68.6648 COP (High: 483.0424 / Low: 414.3776). On the other end, April was the most stable month, with a tight range of 13.1968 COP (High: 433.2043 / Low: 420.0074).
Growth Streaks & Declines
TrendsBetween June and August, 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 May and June, when the average rate fell by 16.5877 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 486.6243) against the same month in 2021 (average: 445.2989), the exchange rate shifted by +41.3254 (+9.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 461.1964 | 439.8205 | 452.0013 |
| February | 451.4371 | 435.8523 | 444.1707 |
| March | 445.0788 | 419.0872 | 431.0992 |
| April | 433.2043 | 420.0074 | 426.8174 |
| May | 432.4701 | 404.1657 | 419.4102 |
| June | 423.0337 | 385.9464 | 402.8225 |
| July | 454.3074 | 418.8654 | 438.7577 |
| August | 456.7495 | 428.7586 | 445.1433 |
| September | 450.2709 | 412.1730 | 432.9140 |
| October | 483.0424 | 414.3776 | 445.1424 |
| November | 496.4437 | 472.3046 | 486.6243 |
| December | 494.0916 | 478.9074 | 485.1074 |