YEARLY HIGH
142.4558 KRW
YEARLY LOW
127.2468 KRW
YEARLY AVERAGE
134.4334 KRW

2022 NOK to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 142.4558. Conversely, the yearly low was recorded on July 12, dropping to 127.2468.

This high-to-low spread represents a total annual volatility of 15.2089 KRW. From a start-to-finish perspective, comparing the January average rate of 135.1180 to the December average rate of 131.0795, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 142.4558 was up 0.78% compared to the 2021 peak of 141.3497, 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 712,279 KRW
2021 Average 665,805 KRW
Yearly Trough Low 636,234 KRW
Transaction Impact: A difference of 76,044.63 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

139.6589
130.0717
JanuMarcMayJulySeptNove

NOK to KRW 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 135.0831, compared to 133.7838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2992 points.

H1 Avg (Jan–Jun) 135.0831
H2 Avg (Jul–Dec) 133.7838

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 7.8205 KRW (High: 139.8667 / Low: 132.0461). On the other end, January was the most stable month, with a tight range of 3.4798 KRW (High: 136.8393 / Low: 133.3595).

September Spread (Volatile) ±7.8205
January Spread (Stable) ±3.4798

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 6.7974 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.7974

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 138.2863) against the same month in 2021 (average: 132.5645), the exchange rate shifted by +5.7218 (+4.32%).

2022 Avg (March) 138.2863
2021 Avg (March) 132.5645

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 136.8393 133.3595 135.1180
February 137.6318 132.5077 135.0843
March 142.4558 135.4297 138.2863
April 141.1435 134.6703 138.8599
May 135.4712 128.9455 132.0626
June 133.0544 128.8085 131.0871
July 134.9284 127.2468 130.8706
August 138.2500 132.7413 135.8027
September 139.8667 132.0461 135.9284
October 138.3366 131.3846 135.1542
November 137.0583 131.4612 133.8675
December 134.1741 127.4681 131.0795