YEARLY HIGH
0.1058 EUR
YEARLY LOW
0.0937 EUR
YEARLY AVERAGE
0.0990 EUR

2022 NOK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.1058. Conversely, the yearly low was recorded on October 1, dropping to 0.0937.

This high-to-low spread represents a total annual volatility of 0.0121 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0998 to the December average rate of 0.0956, the exchange rate registered a net change of -4.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1058 was up 2.58% compared to the 2021 peak of 0.1032, 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 529 EUR
2021 Average 492 EUR
Yearly Trough Low 469 EUR
Transaction Impact: A difference of 60.59 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1047
0.0948
JanuMarcMayJulySeptNove

NOK to EUR 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 0.1003, compared to 0.0978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1003
H2 Avg (Jul–Dec) 0.0978

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0073 EUR (High: 0.1010 / Low: 0.0937). On the other end, January was the most stable month, with a tight range of 0.0024 EUR (High: 0.1009 / Low: 0.0985).

September Spread (Volatile) ±0.0073
January Spread (Stable) ±0.0024

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 0.0053 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.1029) against the same month in 2021 (average: 0.0986), the exchange rate shifted by +0.0043 (+4.38%).

2022 Avg (March) 0.1029
2021 Avg (March) 0.0986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1009 0.0985 0.0998
February 0.1012 0.0981 0.0994
March 0.1058 0.1011 0.1029
April 0.1056 0.1011 0.1039
May 0.1019 0.0965 0.0986
June 0.0993 0.0952 0.0970
July 0.1012 0.0965 0.0983
August 0.1037 0.1000 0.1016
September 0.1010 0.0937 0.0984
October 0.0976 0.0937 0.0962
November 0.0981 0.0948 0.0967
December 0.0977 0.0947 0.0956