2022 NOK to MXN Historical Review

YEARLY HIGH

2.3779 MXN

YEARLY LOW

1.8504 MXN

YEARLY AVERAGE

2.1015 MXN

2022 NOK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.3779. Conversely, the yearly low was recorded on October 2, dropping to 1.8504.

This high-to-low spread represents a total annual volatility of 0.5275 MXN. From a start-to-finish perspective, comparing the January average rate of 2.3162 to the December average rate of 1.9841, the exchange rate registered a net change of -14.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.3779 was down 5.57% compared to the 2021 peak of 2.5183, 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 11,890 MXN

2021 Average 11,798 MXN

Yearly Trough Low 9,252 MXN

Transaction Impact: A difference of 2,637.63 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.3696

1.8477

JanuMarcMayJulySeptNove

NOK to MXN 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 2.2233, compared to 1.9798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2435 points.

H1 Avg (Jan–Jun) 2.2233

H2 Avg (Jul–Dec) 1.9798

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.1649 MXN (High: 2.0160 / Low: 1.8511). On the other end, January was the most stable month, with a tight range of 0.0549 MXN (High: 2.3497 / Low: 2.2948).

September Spread (Volatile) ±0.1649

January Spread (Stable) ±0.0549

Growth Streaks & Declines

Trends

Between June and August, 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 0.1691 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1691

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2.3261) against the same month in 2021 (average: 2.4359), the exchange rate shifted by -0.1098 (-4.51%).

2022 Avg (March) 2.3261

2021 Avg (March) 2.4359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3497	2.2948	2.3162
February	2.3578	2.2547	2.3081
March	2.3779	2.2621	2.3261
April	2.3045	2.1734	2.2549
May	2.1751	2.0258	2.0858
June	2.0862	2.0069	2.0487
July	2.1086	2.0142	2.0538
August	2.1269	2.0283	2.0693
September	2.0160	1.8511	1.9560
October	1.9497	1.8504	1.8912
November	1.9729	1.8591	1.9243
December	2.0182	1.9599	1.9841