2022 NOK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NOK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NOK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 107.9679. Conversely, the yearly low was recorded on May 18, dropping to 82.4929.
This high-to-low spread represents a total annual volatility of 25.4750 MWK. From a start-to-finish perspective, comparing the January average rate of 92.2040 to the December average rate of 103.8290, the exchange rate registered a net change of 12.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 107.9679 was up 9.97% compared to the 2021 peak of 98.1779, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NOK to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 92.0150, compared to 101.6806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.6656 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 21.8809 MWK (High: 107.9679 / Low: 86.0870). On the other end, January was the most stable month, with a tight range of 3.4707 MWK (High: 94.2078 / Low: 90.7371).
Growth Streaks & Declines
TrendsBetween May and August, 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 6.4276 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 100.4576) against the same month in 2021 (average: 94.7959), the exchange rate shifted by +5.6617 (+5.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 94.2078 | 90.7371 | 92.2040 |
| February | 93.5733 | 89.1448 | 90.8946 |
| March | 95.3127 | 88.8164 | 91.8832 |
| April | 93.5139 | 86.5470 | 91.5391 |
| May | 88.2217 | 82.4929 | 85.1116 |
| June | 107.9679 | 86.0870 | 100.4576 |
| July | 105.8178 | 99.9967 | 102.7170 |
| August | 107.6578 | 102.9669 | 105.3273 |
| September | 104.2526 | 94.2653 | 99.9052 |
| October | 100.4413 | 94.2653 | 96.9382 |
| November | 104.4397 | 96.5930 | 101.3669 |
| December | 105.6133 | 102.0971 | 103.8290 |