2022 NOK to MNT Historical Review

YEARLY HIGH

350.4901 MNT

YEARLY LOW

299.8409 MNT

YEARLY AVERAGE

325.1234 MNT

2022 NOK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 350.4901. Conversely, the yearly low was recorded on September 27, dropping to 299.8409.

This high-to-low spread represents a total annual volatility of 50.6492 MNT. From a start-to-finish perspective, comparing the January average rate of 323.1639 to the December average rate of 345.0895, the exchange rate registered a net change of 6.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 350.4901 was up 0.50% compared to the 2021 peak of 348.7460, 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 1,752,450 MNT

2021 Average 1,658,875 MNT

Yearly Trough Low 1,499,204 MNT

Transaction Impact: A difference of 253,246.02 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

348.1368

311.5691

JanuMarcMayJulySeptNove

NOK to MNT 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 324.6792, compared to 325.5677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8885 points.

H1 Avg (Jan–Jun) 324.6792

H2 Avg (Jul–Dec) 325.5677

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 28.7137 MNT (High: 329.3285 / Low: 300.6148). On the other end, February was the most stable month, with a tight range of 10.0781 MNT (High: 327.9028 / Low: 317.8247).

October Spread (Volatile) ±28.7137

February Spread (Stable) ±10.0781

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 13.6486 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -13.6486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 345.0895) against the same month in 2021 (average: 318.6540), the exchange rate shifted by +26.4355 (+8.30%).

2022 Avg (December) 345.0895

2021 Avg (December) 318.6540

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	329.8447	318.1096	323.1639
February	327.9028	317.8247	322.9857
March	337.9893	317.4956	326.5685
April	343.0816	320.2493	334.6478
May	331.4661	308.8708	320.9993
June	331.4853	312.3596	319.7099
July	325.9907	306.3557	314.7833
August	334.0191	322.0856	327.3101
September	326.2362	299.8409	314.6164
October	329.3285	300.6148	315.2496
November	346.6450	319.4537	336.3572
December	350.4901	339.9912	345.0895