YEARLY HIGH
0.5238 RON
YEARLY LOW
0.4643 RON
YEARLY AVERAGE
0.4883 RON

2022 NOK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.5238. Conversely, the yearly low was recorded on October 1, dropping to 0.4643.

This high-to-low spread represents a total annual volatility of 0.0595 RON. From a start-to-finish perspective, comparing the January average rate of 0.4935 to the December average rate of 0.4706, the exchange rate registered a net change of -4.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5238 was up 2.64% compared to the 2021 peak of 0.5103, 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 2,619 RON
2021 Average 2,420 RON
Yearly Trough Low 2,321 RON
Transaction Impact: A difference of 297.63 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5178
0.4664
JanuMarcMayJulySeptNove

NOK to RON 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 0.4958, compared to 0.4808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.4958
H2 Avg (Jul–Dec) 0.4808

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0303 RON (High: 0.4946 / Low: 0.4643). On the other end, January was the most stable month, with a tight range of 0.0120 RON (High: 0.4987 / Low: 0.4868).

September Spread (Volatile) ±0.0303
January Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

Between February and April, 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 0.0260 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.5090) against the same month in 2021 (average: 0.4818), the exchange rate shifted by +0.0272 (+5.64%).

2022 Avg (March) 0.5090
2021 Avg (March) 0.4818

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4987 0.4868 0.4935
February 0.5004 0.4850 0.4916
March 0.5238 0.5001 0.5090
April 0.5220 0.4999 0.5135
May 0.5042 0.4774 0.4875
June 0.4908 0.4707 0.4798
July 0.4990 0.4774 0.4852
August 0.5052 0.4847 0.4965
September 0.4946 0.4643 0.4830
October 0.4787 0.4643 0.4741
November 0.4811 0.4689 0.4754
December 0.4819 0.4667 0.4706