2022 NOK to GIP Historical Review

YEARLY HIGH

0.0888 GIP

YEARLY LOW

0.0813 GIP

YEARLY AVERAGE

0.0844 GIP

2022 NOK to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0888. Conversely, the yearly low was recorded on June 16, dropping to 0.0813.

This high-to-low spread represents a total annual volatility of 0.0075 GIP. From a start-to-finish perspective, comparing the January average rate of 0.0833 to the December average rate of 0.0832, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0888 was up 1.29% compared to the 2021 peak of 0.0877, 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 444 GIP

2021 Average 423 GIP

Yearly Trough Low 406 GIP

Transaction Impact: A difference of 37.61 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0872

0.0829

JanuMarcMayJulySeptNove

NOK to GIP 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 0.0844, compared to 0.0844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0844

H2 Avg (Jul–Dec) 0.0844

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0050 GIP (High: 0.0874 / Low: 0.0824). On the other end, January was the most stable month, with a tight range of 0.0015 GIP (High: 0.0842 / Low: 0.0827).

September Spread (Volatile) ±0.0050

January Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and September, 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 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0860) against the same month in 2021 (average: 0.0846), the exchange rate shifted by +0.0014 (+1.63%).

2022 Avg (March) 0.0860

2021 Avg (March) 0.0846

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0842	0.0827	0.0833
February	0.0845	0.0816	0.0833
March	0.0888	0.0840	0.0860
April	0.0881	0.0848	0.0868
May	0.0858	0.0819	0.0837
June	0.0849	0.0813	0.0833
July	0.0850	0.0820	0.0834
August	0.0876	0.0842	0.0859
September	0.0874	0.0824	0.0861
October	0.0848	0.0824	0.0838
November	0.0859	0.0824	0.0841
December	0.0846	0.0814	0.0832