YEARLY HIGH
1671.4877 IDR
YEARLY LOW
1400.6283 IDR
YEARLY AVERAGE
1548.4073 IDR

2022 NOK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 1671.4877. Conversely, the yearly low was recorded on October 2, dropping to 1400.6283.

This high-to-low spread represents a total annual volatility of 270.8594 IDR. From a start-to-finish perspective, comparing the January average rate of 1619.2887 to the December average rate of 1577.0215, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1671.4877 was down 5.51% compared to the 2021 peak of 1768.9142, 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 8,357,439 IDR
2021 Average 8,323,439 IDR
Yearly Trough Low 7,003,142 IDR
Transaction Impact: A difference of 1,354,297.06 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1641.1885
1444.4201
JanuMarcMayJulySeptNove

NOK to IDR 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 1584.6832, compared to 1512.1315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 72.5517 points.

H1 Avg (Jan–Jun) 1584.6832
H2 Avg (Jul–Dec) 1512.1315

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 116.3045 IDR (High: 1516.9328 / Low: 1400.6283). On the other end, December was the most stable month, with a tight range of 40.0415 IDR (High: 1597.6104 / Low: 1557.5688).

October Spread (Volatile) ±116.3045
December Spread (Stable) ±40.0415

Growth Streaks & Declines

Trends

Between October and December, 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 97.4327 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -97.4327

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1624.7912) against the same month in 2021 (average: 1688.1446), the exchange rate shifted by -63.3535 (-3.75%).

2022 Avg (March) 1624.7912
2021 Avg (March) 1688.1446

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1649.8626 1599.6774 1619.2887
February 1649.1971 1592.0927 1618.7368
March 1671.4877 1587.2386 1624.7912
April 1650.1779 1542.2733 1617.4453
May 1562.0103 1485.8978 1520.0126
June 1540.8832 1478.4060 1507.8246
July 1535.0213 1459.7552 1499.6528
August 1551.5012 1492.6280 1524.4112
September 1511.2864 1404.3022 1462.5227
October 1516.9328 1400.6283 1460.8175
November 1591.0525 1492.1635 1548.3632
December 1597.6104 1557.5688 1577.0215