YEARLY HIGH
0.0354 KWD
YEARLY LOW
0.0285 KWD
YEARLY AVERAGE
0.0320 KWD

2022 NOK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0354. Conversely, the yearly low was recorded on October 1, dropping to 0.0285.

This high-to-low spread represents a total annual volatility of 0.0070 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0342 to the December average rate of 0.0310, the exchange rate registered a net change of -9.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0354 was down 3.75% compared to the 2021 peak of 0.0368, 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 177 KWD
2021 Average 176 KWD
Yearly Trough Low 142 KWD
Transaction Impact: A difference of 34.78 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0349
0.0288
JanuMarcMayJulySeptNove

NOK to KWD 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 0.0334, compared to 0.0306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0334
H2 Avg (Jul–Dec) 0.0306

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0029 KWD (High: 0.0313 / Low: 0.0285). On the other end, December was the most stable month, with a tight range of 0.0009 KWD (High: 0.0316 / Low: 0.0306).

September Spread (Volatile) ±0.0029
December Spread (Stable) ±0.0009

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 0.0024 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0344) against the same month in 2021 (average: 0.0355), the exchange rate shifted by -0.0011 (-3.00%).

2022 Avg (March) 0.0344
2021 Avg (March) 0.0355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0349 0.0337 0.0342
February 0.0347 0.0335 0.0341
March 0.0354 0.0336 0.0344
April 0.0350 0.0326 0.0343
May 0.0332 0.0310 0.0319
June 0.0327 0.0307 0.0315
July 0.0318 0.0300 0.0308
August 0.0322 0.0310 0.0316
September 0.0313 0.0285 0.0302
October 0.0302 0.0285 0.0293
November 0.0313 0.0294 0.0305
December 0.0316 0.0306 0.0310