YEARLY HIGH
1.8241 NAD
YEARLY LOW
1.5554 NAD
YEARLY AVERAGE
1.6966 NAD

2022 NOK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 1.8241. Conversely, the yearly low was recorded on July 17, dropping to 1.5554.

This high-to-low spread represents a total annual volatility of 0.2687 NAD. From a start-to-finish perspective, comparing the January average rate of 1.7517 to the December average rate of 1.7466, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.8241 was up 0.00% compared to the 2021 peak of 1.8240, 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 9,120 NAD
2021 Average 8,599 NAD
Yearly Trough Low 7,777 NAD
Transaction Impact: A difference of 1,343.29 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.7657
1.5969
JanuMarcMayJulySeptNove

NOK to NAD 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 1.6883, compared to 1.7050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 1.6883
H2 Avg (Jul–Dec) 1.7050

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.1935 NAD (High: 1.7489 / Low: 1.5554). On the other end, August was the most stable month, with a tight range of 0.0686 NAD (High: 1.7553 / Low: 1.6867).

July Spread (Volatile) ±0.1935
August Spread (Stable) ±0.0686

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 May and June, when the average rate fell by 0.0421 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1.7002) against the same month in 2021 (average: 1.7572), the exchange rate shifted by -0.0569 (-3.24%).

2022 Avg (March) 1.7002
2021 Avg (March) 1.7572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8133 1.6938 1.7517
February 1.7708 1.6781 1.7179
March 1.8241 1.6662 1.7002
April 1.7481 1.5881 1.6828
May 1.7085 1.6221 1.6597
June 1.6572 1.5864 1.6176
July 1.7489 1.5554 1.6110
August 1.7553 1.6867 1.7168
September 1.7529 1.6611 1.7105
October 1.7811 1.6611 1.7132
November 1.7761 1.6892 1.7320
December 1.7987 1.7124 1.7466