YEARLY HIGH
2.1312 MDL
YEARLY LOW
1.7870 MDL
YEARLY AVERAGE
1.9673 MDL

2022 NOK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 2.1312. Conversely, the yearly low was recorded on October 1, dropping to 1.7870.

This high-to-low spread represents a total annual volatility of 0.3442 MDL. From a start-to-finish perspective, comparing the January average rate of 2.0246 to the December average rate of 1.9575, the exchange rate registered a net change of -3.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.1312 was down 1.73% compared to the 2021 peak of 2.1687, 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 10,656 MDL
2021 Average 10,264 MDL
Yearly Trough Low 8,935 MDL
Transaction Impact: A difference of 1,721.03 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.1029
1.8078
JanuMarcMayJulySeptNove

NOK to MDL 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 2.0200, compared to 1.9146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1054 points.

H1 Avg (Jan–Jun) 2.0200
H2 Avg (Jul–Dec) 1.9146

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.1745 MDL (High: 1.9615 / Low: 1.7870). On the other end, December was the most stable month, with a tight range of 0.0771 MDL (High: 2.0083 / Low: 1.9312).

September Spread (Volatile) ±0.1745
December Spread (Stable) ±0.0771

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 0.1004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2.0783) against the same month in 2021 (average: 2.0760), the exchange rate shifted by +0.0024 (+0.11%).

2022 Avg (March) 2.0783
2021 Avg (March) 2.0760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0747 1.9922 2.0246
February 2.0628 1.9768 2.0178
March 2.1312 2.0218 2.0783
April 2.1130 1.9583 2.0698
May 2.0320 1.9144 1.9694
June 2.0316 1.9101 1.9601
July 1.9992 1.8802 1.9277
August 2.0184 1.9375 1.9791
September 1.9615 1.7870 1.8902
October 1.8904 1.7870 1.8324
November 1.9692 1.8191 1.9009
December 2.0083 1.9312 1.9575