2022 NOK to CVE Historical Review

YEARLY HIGH

11.7032 CVE

YEARLY LOW

10.2511 CVE

YEARLY AVERAGE

10.9465 CVE

2022 NOK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 11.7032. Conversely, the yearly low was recorded on September 21, dropping to 10.2511.

This high-to-low spread represents a total annual volatility of 1.4521 CVE. From a start-to-finish perspective, comparing the January average rate of 11.0374 to the December average rate of 10.5700, the exchange rate registered a net change of -4.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 11.7032 was up 2.30% compared to the 2021 peak of 11.4406, 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 58,516 CVE

2021 Average 54,435 CVE

Yearly Trough Low 51,256 CVE

Transaction Impact: A difference of 7,260.59 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

11.5510

10.4808

JanuMarcMayJulySeptNove

NOK to CVE 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 11.0878, compared to 10.8052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2826 points.

H1 Avg (Jan–Jun) 11.0878

H2 Avg (Jul–Dec) 10.8052

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.9134 CVE (High: 11.1645 / Low: 10.2511). On the other end, January was the most stable month, with a tight range of 0.2625 CVE (High: 11.1922 / Low: 10.9297).

September Spread (Volatile) ±0.9134

January Spread (Stable) ±0.2625

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 0.5548 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 11.3862) against the same month in 2021 (average: 10.9184), the exchange rate shifted by +0.4678 (+4.28%).

2022 Avg (March) 11.3862

2021 Avg (March) 10.9184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1922	10.9297	11.0374
February	11.2338	10.8359	11.0059
March	11.7032	11.1029	11.3862
April	11.6724	11.0958	11.4618
May	11.3714	10.5563	10.9071
June	11.0141	10.5467	10.7286
July	11.2322	10.5032	10.7739
August	11.4607	11.0595	11.2303
September	11.1645	10.2511	10.8428
October	11.2489	10.3820	10.6698
November	11.1561	10.4825	10.7445
December	10.9370	10.4481	10.5700