YEARLY HIGH
292.9959 SYP
YEARLY LOW
230.8424 SYP
YEARLY AVERAGE
262.4489 SYP

2022 NOK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 292.9959. Conversely, the yearly low was recorded on October 1, dropping to 230.8424.

This high-to-low spread represents a total annual volatility of 62.1535 SYP. From a start-to-finish perspective, comparing the January average rate of 283.8264 to the December average rate of 254.4927, the exchange rate registered a net change of -10.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 292.9959 was up 2.37% compared to the 2021 peak of 286.2238, 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 1,464,979 SYP
2021 Average 716,858 SYP
Yearly Trough Low 1,154,212 SYP
Transaction Impact: A difference of 310,767.40 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

289.1292
233.1122
JanuMarcMayJulySeptNove

NOK to SYP 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 275.5692, compared to 249.3287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.2405 points.

H1 Avg (Jan–Jun) 275.5692
H2 Avg (Jul–Dec) 249.3287

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 24.5142 SYP (High: 255.3566 / Low: 230.8424). On the other end, December was the most stable month, with a tight range of 7.7426 SYP (High: 258.4755 / Low: 250.7329).

September Spread (Volatile) ±24.5142
December Spread (Stable) ±7.7426

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 20.3796 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -20.3796

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 284.4611) against the same month in 2021 (average: 85.3009), the exchange rate shifted by +199.1602 (+233.48%).

2022 Avg (March) 284.4611
2021 Avg (March) 85.3009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 289.8433 279.3532 283.8264
February 287.9532 278.6062 283.2532
March 292.9959 277.6860 284.4611
April 288.5040 266.9389 282.2841
May 271.9662 253.9312 261.9044
June 268.2033 251.2135 257.6859
July 260.1219 244.7730 251.7205
August 263.9890 252.3822 258.2361
September 255.3566 230.8424 245.1434
October 245.6076 230.8424 237.7803
November 255.6398 237.4354 248.5991
December 258.4755 250.7329 254.4927