YEARLY HIGH
3.3344 TWD
YEARLY LOW
2.9100 TWD
YEARLY AVERAGE
3.1021 TWD

2022 NOK to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 3.3344. Conversely, the yearly low was recorded on July 12, dropping to 2.9100.

This high-to-low spread represents a total annual volatility of 0.4243 TWD. From a start-to-finish perspective, comparing the January average rate of 3.1241 to the December average rate of 3.1089, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.3344 was down 2.13% compared to the 2021 peak of 3.4071, 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 16,672 TWD
2021 Average 16,240 TWD
Yearly Trough Low 14,550 TWD
Transaction Impact: A difference of 2,121.74 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.2932
2.9639
JanuMarcMayJulySeptNove

NOK to TWD 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 3.1441, compared to 3.0601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0840 points.

H1 Avg (Jan–Jun) 3.1441
H2 Avg (Jul–Dec) 3.0601

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.2115 TWD (High: 3.1348 / Low: 2.9233). On the other end, December was the most stable month, with a tight range of 0.0895 TWD (High: 3.1483 / Low: 3.0588).

September Spread (Volatile) ±0.2115
December Spread (Stable) ±0.0895

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.1846 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 3.2169) against the same month in 2021 (average: 3.3127), the exchange rate shifted by -0.0957 (-2.89%).

2022 Avg (March) 3.2169
2021 Avg (March) 3.3127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.1861 3.0870 3.1241
February 3.1820 3.0863 3.1423
March 3.3344 3.1274 3.2169
April 3.3193 3.1308 3.2658
May 3.1691 3.0073 3.0811
June 3.1198 2.9596 3.0343
July 3.1071 2.9100 2.9914
August 3.1460 3.0490 3.0925
September 3.1348 2.9233 3.0435
October 3.1259 2.9233 3.0237
November 3.1467 3.0359 3.1006
December 3.1483 3.0588 3.1089