YEARLY HIGH
1.1061 SEK
YEARLY LOW
1.0154 SEK
YEARLY AVERAGE
1.0527 SEK

2022 NOK to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1.1061. Conversely, the yearly low was recorded on May 18, dropping to 1.0154.

This high-to-low spread represents a total annual volatility of 0.0908 SEK. From a start-to-finish perspective, comparing the January average rate of 1.0339 to the December average rate of 1.0528, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.1061 was up 7.07% compared to the 2021 peak of 1.0331, 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 5,531 SEK
2021 Average 4,991 SEK
Yearly Trough Low 5,077 SEK
Transaction Impact: A difference of 453.92 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0901
1.0235
JanuMarcMayJulySeptNove

NOK to SEK 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 1.0509, compared to 1.0545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 1.0509
H2 Avg (Jul–Dec) 1.0545

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0642 SEK (High: 1.0842 / Low: 1.0199). On the other end, June was the most stable month, with a tight range of 0.0220 SEK (High: 1.0391 / Low: 1.0172).

September Spread (Volatile) ±0.0642
June Spread (Stable) ±0.0220

Growth Streaks & Declines

Trends

Between January and March, 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 0.0387 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1.0846) against the same month in 2021 (average: 1.0016), the exchange rate shifted by +0.0829 (+8.28%).

2022 Avg (March) 1.0846
2021 Avg (March) 1.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0499 1.0244 1.0339
February 1.0740 1.0341 1.0496
March 1.1061 1.0582 1.0846
April 1.0868 1.0478 1.0734
May 1.0544 1.0154 1.0347
June 1.0391 1.0172 1.0291
July 1.0523 1.0249 1.0382
August 1.0958 1.0388 1.0687
September 1.0842 1.0199 1.0600
October 1.0695 1.0199 1.0534
November 1.0745 1.0431 1.0541
December 1.0672 1.0345 1.0528