YEARLY HIGH
68.0049 SOS
YEARLY LOW
52.2318 SOS
YEARLY AVERAGE
60.1438 SOS

2022 NOK to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 68.0049. Conversely, the yearly low was recorded on October 1, dropping to 52.2318.

This high-to-low spread represents a total annual volatility of 15.7731 SOS. From a start-to-finish perspective, comparing the January average rate of 65.7202 to the December average rate of 57.6223, the exchange rate registered a net change of -12.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 68.0049 was down 4.57% compared to the 2021 peak of 71.2632, 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 340,024 SOS
2021 Average 338,075 SOS
Yearly Trough Low 261,159 SOS
Transaction Impact: A difference of 78,865.50 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

67.0843
52.5732
JanuMarcMayJulySeptNove

NOK to SOS 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 63.7212, compared to 56.5663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.1549 points.

H1 Avg (Jan–Jun) 63.7212
H2 Avg (Jul–Dec) 56.5663

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 5.5139 SOS (High: 57.7457 / Low: 52.2318). On the other end, December was the most stable month, with a tight range of 1.7673 SOS (High: 58.4856 / Low: 56.7184).

September Spread (Volatile) ±5.5139
December Spread (Stable) ±1.7673

Growth Streaks & Declines

Trends

Between October and December, 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 4.6270 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.6270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 65.8750) against the same month in 2021 (average: 68.2460), the exchange rate shifted by -2.3710 (-3.47%).

2022 Avg (March) 65.8750
2021 Avg (March) 68.2460

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.0437 64.5693 65.7202
February 66.5754 64.1596 65.5638
March 68.0049 64.2093 65.8750
April 66.7584 61.4335 65.1281
May 62.6327 58.5677 60.5011
June 61.9519 57.8495 59.5391
July 60.5650 56.3245 57.7037
August 60.6773 57.0703 58.6859
September 57.7457 52.2318 55.4249
October 55.5726 52.2318 53.7824
November 57.8748 53.6857 56.1787
December 58.4856 56.7184 57.6223