YEARLY HIGH
17.8457 LRD
YEARLY LOW
14.1306 LRD
YEARLY AVERAGE
15.9657 LRD

2022 NOK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 17.8457. Conversely, the yearly low was recorded on October 1, dropping to 14.1306.

This high-to-low spread represents a total annual volatility of 3.7151 LRD. From a start-to-finish perspective, comparing the January average rate of 16.8787 to the December average rate of 15.6191, the exchange rate registered a net change of -7.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 17.8457 was down 15.25% compared to the 2021 peak of 21.0563, 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 89,228 LRD
2021 Average 96,796 LRD
Yearly Trough Low 70,653 LRD
Transaction Impact: A difference of 18,575.42 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

17.6788
14.2570
JanuMarcMayJulySeptNove

NOK to LRD 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 16.6867, compared to 15.2447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4420 points.

H1 Avg (Jan–Jun) 16.6867
H2 Avg (Jul–Dec) 15.2447

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.5158 LRD (High: 15.6464 / Low: 14.1306). On the other end, February was the most stable month, with a tight range of 0.4641 LRD (High: 17.5443 / Low: 17.0802).

September Spread (Volatile) ±1.5158
February Spread (Stable) ±0.4641

Growth Streaks & Declines

Trends

Between January and March, 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 1.2894 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2894

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 17.3936) against the same month in 2021 (average: 20.3586), the exchange rate shifted by -2.9650 (-14.56%).

2022 Avg (March) 17.3936
2021 Avg (March) 20.3586

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.1798 16.4296 16.8787
February 17.5443 17.0802 17.3295
March 17.8457 17.0154 17.3936
April 17.5230 16.1441 17.1058
May 16.3454 15.3483 15.8163
June 16.2254 15.1976 15.5961
July 15.8142 14.8457 15.2812
August 16.1333 15.4491 15.7884
September 15.6464 14.1306 15.0130
October 15.0100 14.1306 14.5421
November 15.6740 14.5153 15.2244
December 15.8584 15.3681 15.6191