2022 NOK to ISK Historical Review

YEARLY HIGH

15.0959 ISK

YEARLY LOW

13.1045 ISK

YEARLY AVERAGE

14.0887 ISK

2022 NOK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 15.0959. Conversely, the yearly low was recorded on June 16, dropping to 13.1045.

This high-to-low spread represents a total annual volatility of 1.9915 ISK. From a start-to-finish perspective, comparing the January average rate of 14.5729 to the December average rate of 14.4142, the exchange rate registered a net change of -1.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 15.0959 was down 2.46% compared to the 2021 peak of 15.4769, 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 75,480 ISK

2021 Average 73,860 ISK

Yearly Trough Low 65,522 ISK

Transaction Impact: A difference of 9,957.25 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

14.8864

13.3075

JanuMarcMayJulySeptNove

NOK to ISK 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 14.1738, compared to 14.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1702 points.

H1 Avg (Jan–Jun) 14.1738

H2 Avg (Jul–Dec) 14.0036

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.1521 ISK (High: 14.3970 / Low: 13.2449). On the other end, December was the most stable month, with a tight range of 0.4244 ISK (High: 14.5951 / Low: 14.1708).

September Spread (Volatile) ±1.1521

December Spread (Stable) ±0.4244

Growth Streaks & Declines

Trends

Between June and August, 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 0.8749 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8749

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 14.7548) against the same month in 2021 (average: 14.9330), the exchange rate shifted by -0.1782 (-1.19%).

2022 Avg (March) 14.7548

2021 Avg (March) 14.9330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.8279	14.3398	14.5729
February	14.4208	13.8582	14.1023
March	15.0959	14.3843	14.7548
April	14.8033	13.9308	14.5244
May	14.0451	13.4428	13.6495
June	13.7194	13.1045	13.4390
July	14.0428	13.3813	13.6649
August	14.5586	13.9079	14.2491
September	14.3970	13.2449	13.8222
October	13.9938	13.2449	13.6201
November	14.6061	13.9994	14.2514
December	14.5951	14.1708	14.4142