YEARLY HIGH
0.8019 HRK
YEARLY LOW
0.7050 HRK
YEARLY AVERAGE
0.7462 HRK

2022 NOK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.8019. Conversely, the yearly low was recorded on October 1, dropping to 0.7050.

This high-to-low spread represents a total annual volatility of 0.0969 HRK. From a start-to-finish perspective, comparing the January average rate of 0.7509 to the December average rate of 0.7217, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8019 was up 3.27% compared to the 2021 peak of 0.7765, 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 4,010 HRK
2021 Average 3,703 HRK
Yearly Trough Low 3,525 HRK
Transaction Impact: A difference of 484.45 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7914
0.7154
JanuMarcMayJulySeptNove

NOK to HRK 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 0.7561, compared to 0.7363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 0.7561
H2 Avg (Jul–Dec) 0.7363

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0545 HRK (High: 0.7596 / Low: 0.7050). On the other end, January was the most stable month, with a tight range of 0.0172 HRK (High: 0.7590 / Low: 0.7418).

September Spread (Volatile) ±0.0545
January Spread (Stable) ±0.0172

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 0.0422 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.7787) against the same month in 2021 (average: 0.7472), the exchange rate shifted by +0.0315 (+4.21%).

2022 Avg (March) 0.7787
2021 Avg (March) 0.7472

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7590 0.7418 0.7509
February 0.7652 0.7391 0.7491
March 0.8019 0.7633 0.7787
April 0.7969 0.7646 0.7851
May 0.7695 0.7271 0.7429
June 0.7479 0.7161 0.7303
July 0.7628 0.7272 0.7388
August 0.7792 0.7513 0.7629
September 0.7596 0.7050 0.7403
October 0.7354 0.7050 0.7245
November 0.7385 0.7137 0.7296
December 0.7379 0.7147 0.7217