YEARLY HIGH
42.7331 HUF
YEARLY LOW
34.9765 HUF
YEARLY AVERAGE
38.6853 HUF

2022 NOK to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 42.7331. Conversely, the yearly low was recorded on February 15, dropping to 34.9765.

This high-to-low spread represents a total annual volatility of 7.7566 HUF. From a start-to-finish perspective, comparing the January average rate of 35.8305 to the December average rate of 38.9335, the exchange rate registered a net change of 8.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 42.7331 was up 13.31% compared to the 2021 peak of 37.7145, 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 213,665 HUF
2021 Average 176,359 HUF
Yearly Trough Low 174,882 HUF
Transaction Impact: A difference of 38,783.00 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

41.3014
35.0495
JanuMarcMayJulySeptNove

NOK to HUF 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 37.6019, compared to 39.7688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1669 points.

H1 Avg (Jan–Jun) 37.6019
H2 Avg (Jul–Dec) 39.7688

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 3.3465 HUF (High: 42.7331 / Low: 39.3866). On the other end, November was the most stable month, with a tight range of 1.4261 HUF (High: 40.0548 / Low: 38.6287).

August Spread (Volatile) ±3.3465
November Spread (Stable) ±1.4261

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.9802 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 40.7804) against the same month in 2021 (average: 33.7624), the exchange rate shifted by +7.0181 (+20.79%).

2022 Avg (August) 40.7804
2021 Avg (August) 33.7624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.9099 35.4785 35.8305
February 37.4690 34.9765 35.5705
March 40.0509 37.6178 38.7907
April 39.9086 37.9568 38.9289
May 39.4668 37.0270 37.9767
June 39.2618 37.7510 38.5141
July 40.9394 38.6160 39.5672
August 42.7331 39.3866 40.7804
September 40.8118 38.9372 39.8003
October 41.4571 39.1861 40.1665
November 40.0548 38.6287 39.3648
December 40.2960 37.9178 38.9335