2022 NOK to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |