2022 NOK to PEN Historical Review

YEARLY HIGH

0.4537 PEN

YEARLY LOW

0.3624 PEN

YEARLY AVERAGE

0.4001 PEN

2022 NOK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.4537. Conversely, the yearly low was recorded on September 26, dropping to 0.3624.

This high-to-low spread represents a total annual volatility of 0.0913 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4399 to the December average rate of 0.3875, the exchange rate registered a net change of -11.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4537 was down 6.34% compared to the 2021 peak of 0.4844, 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 2,268 PEN

2021 Average 2,256 PEN

Yearly Trough Low 1,812 PEN

Transaction Impact: A difference of 456.60 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4463

0.3698

JanuMarcMayJulySeptNove

NOK to PEN 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 0.4144, compared to 0.3858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0286 points.

H1 Avg (Jan–Jun) 0.4144

H2 Avg (Jul–Dec) 0.3858

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0332 PEN (High: 0.4140 / Low: 0.3808). On the other end, December was the most stable month, with a tight range of 0.0114 PEN (High: 0.3929 / Low: 0.3816).

May Spread (Volatile) ±0.0332

December Spread (Stable) ±0.0114

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 0.0285 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.4399) against the same month in 2021 (average: 0.4257), the exchange rate shifted by +0.0143 (+3.35%).

2022 Avg (January) 0.4399

2021 Avg (January) 0.4257

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4537	0.4269	0.4399
February	0.4422	0.4142	0.4276
March	0.4358	0.4098	0.4235
April	0.4265	0.4065	0.4198
May	0.4140	0.3808	0.3913
June	0.3971	0.3719	0.3841
July	0.4068	0.3803	0.3903
August	0.4081	0.3837	0.3981
September	0.3935	0.3624	0.3792
October	0.3888	0.3658	0.3762
November	0.3907	0.3737	0.3833
December	0.3929	0.3816	0.3875