YEARLY HIGH
38.7672 LKR
YEARLY LOW
22.2879 LKR
YEARLY AVERAGE
33.4613 LKR

2022 NOK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 38.7672. Conversely, the yearly low was recorded on March 7, dropping to 22.2879.

This high-to-low spread represents a total annual volatility of 16.4793 LKR. From a start-to-finish perspective, comparing the January average rate of 22.8835 to the December average rate of 37.1489, the exchange rate registered a net change of 62.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 38.7672 was up 59.93% compared to the 2021 peak of 24.2401, 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 193,836 LKR
2021 Average 115,402 LKR
Yearly Trough Low 111,439 LKR
Transaction Impact: A difference of 82,396.66 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

38.7242
21.3856
JanuMarcMayJulySeptNove

NOK to LKR 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 30.8728, compared to 36.0498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1771 points.

H1 Avg (Jan–Jun) 30.8728
H2 Avg (Jul–Dec) 36.0498

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 12.1197 LKR (High: 34.4076 / Low: 22.2879). On the other end, February was the most stable month, with a tight range of 0.7612 LKR (High: 23.2190 / Low: 22.4578).

March Spread (Volatile) ±12.1197
February Spread (Stable) ±0.7612

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.8485 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8485

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 37.2793) against the same month in 2021 (average: 23.7538), the exchange rate shifted by +13.5255 (+56.94%).

2022 Avg (May) 37.2793
2021 Avg (May) 23.7538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.4044 22.4317 22.8835
February 23.2190 22.4578 22.8305
March 34.4076 22.2879 28.9906
April 38.0726 33.8282 36.3646
May 38.7672 35.7669 37.2793
June 38.4382 34.9203 36.8880
July 37.1180 34.9376 35.9929
August 38.0924 35.6285 37.0834
September 36.7991 33.5740 35.2349
October 35.7225 33.5957 34.5557
November 37.4846 34.6669 36.2831
December 37.8961 36.6668 37.1489