YEARLY HIGH
0.1166 USD
YEARLY LOW
0.0919 USD
YEARLY AVERAGE
0.1045 USD

2022 NOK to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.1166. Conversely, the yearly low was recorded on October 1, dropping to 0.0919.

This high-to-low spread represents a total annual volatility of 0.0248 USD. From a start-to-finish perspective, comparing the January average rate of 0.1130 to the December average rate of 0.1013, the exchange rate registered a net change of -10.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1166 was down 4.65% compared to the 2021 peak of 0.1223, 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 583 USD
2021 Average 582 USD
Yearly Trough Low 459 USD
Transaction Impact: A difference of 123.81 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1151
0.0928
JanuMarcMayJulySeptNove

NOK to USD 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 0.1097, compared to 0.0992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.1097
H2 Avg (Jul–Dec) 0.0992

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0098 USD (High: 0.1016 / Low: 0.0919). On the other end, December was the most stable month, with a tight range of 0.0031 USD (High: 0.1029 / Low: 0.0998).

September Spread (Volatile) ±0.0098
December Spread (Stable) ±0.0031

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 0.0081 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.1132) against the same month in 2021 (average: 0.1173), the exchange rate shifted by -0.0040 (-3.45%).

2022 Avg (March) 0.1132
2021 Avg (March) 0.1173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1154 0.1112 0.1130
February 0.1146 0.1109 0.1128
March 0.1166 0.1105 0.1132
April 0.1148 0.1062 0.1124
May 0.1082 0.1011 0.1042
June 0.1067 0.1000 0.1026
July 0.1035 0.0974 0.1002
August 0.1051 0.1004 0.1028
September 0.1016 0.0919 0.0976
October 0.0978 0.0919 0.0946
November 0.1017 0.0945 0.0989
December 0.1029 0.0998 0.1013