YEARLY HIGH
24.7998 PKR
YEARLY LOW
19.3889 PKR
YEARLY AVERAGE
21.2390 PKR

2022 NOK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 24.7998. Conversely, the yearly low was recorded on May 10, dropping to 19.3889.

This high-to-low spread represents a total annual volatility of 5.4110 PKR. From a start-to-finish perspective, comparing the January average rate of 19.9462 to the December average rate of 22.8143, the exchange rate registered a net change of 14.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 24.7998 was up 18.45% compared to the 2021 peak of 20.9368, 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 123,999 PKR
2021 Average 94,722 PKR
Yearly Trough Low 96,944 PKR
Transaction Impact: A difference of 27,054.82 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

23.1152
19.5042
JanuMarcMayJulySeptNove

NOK to PKR 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 20.3530, compared to 22.1250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7720 points.

H1 Avg (Jan–Jun) 20.3530
H2 Avg (Jul–Dec) 22.1250

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 4.5595 PKR (High: 24.7547 / Low: 20.1952). On the other end, February was the most stable month, with a tight range of 0.6493 PKR (High: 20.1728 / Low: 19.5235).

July Spread (Volatile) ±4.5595
February Spread (Stable) ±0.6493

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 1.5533 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 22.6920) against the same month in 2021 (average: 18.6079), the exchange rate shifted by +4.0841 (+21.95%).

2022 Avg (August) 22.6920
2021 Avg (August) 18.6079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.3256 19.6334 19.9462
February 20.1728 19.5235 19.8051
March 21.2932 19.6679 20.3884
April 21.3899 19.7295 20.7582
May 21.2498 19.3889 20.2285
June 21.5149 20.6081 20.9916
July 24.7547 20.1952 21.8423
August 24.7998 21.8891 22.6920
September 23.4533 20.9570 22.4754
October 21.5673 20.1762 20.9221
November 22.8336 20.9349 22.0039
December 23.1844 22.4063 22.8143