2022 NOK to EGP Historical Review

YEARLY HIGH

2.5413 EGP

YEARLY LOW

1.7394 EGP

YEARLY AVERAGE

1.9939 EGP

2022 NOK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 2.5413. Conversely, the yearly low was recorded on March 7, dropping to 1.7394.

This high-to-low spread represents a total annual volatility of 0.8019 EGP. From a start-to-finish perspective, comparing the January average rate of 1.7760 to the December average rate of 2.4976, the exchange rate registered a net change of 40.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.5413 was up 32.66% compared to the 2021 peak of 1.9157, 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 12,706 EGP

2021 Average 9,132 EGP

Yearly Trough Low 8,697 EGP

Transaction Impact: A difference of 4,009.31 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.5700

1.7007

JanuMarcMayJulySeptNove

NOK to EGP 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 1.8920, compared to 2.0958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2038 points.

H1 Avg (Jan–Jun) 1.8920

H2 Avg (Jul–Dec) 2.0958

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.5320 EGP (High: 2.3271 / Low: 1.7951). On the other end, February was the most stable month, with a tight range of 0.0616 EGP (High: 1.8037 / Low: 1.7421).

October Spread (Volatile) ±0.5320

February Spread (Stable) ±0.0616

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1486 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.4976) against the same month in 2021 (average: 1.7520), the exchange rate shifted by +0.7456 (+42.56%).

2022 Avg (December) 2.4976

2021 Avg (December) 1.7520

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8136	1.7494	1.7760
February	1.8037	1.7421	1.7731
March	2.1571	1.7394	1.8889
April	2.1082	1.9637	2.0709
May	2.0009	1.8456	1.9223
June	1.9908	1.8739	1.9206
July	1.9578	1.8397	1.8928
August	2.0105	1.9315	1.9684
September	1.9676	1.7951	1.8910
October	2.3271	1.7951	1.9087
November	2.4982	2.2917	2.4162
December	2.5413	2.4539	2.4976