YEARLY HIGH
69.4250 XAF
YEARLY LOW
61.4757 XAF
YEARLY AVERAGE
64.9621 XAF

2022 NOK to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 69.4250. Conversely, the yearly low was recorded on October 1, dropping to 61.4757.

This high-to-low spread represents a total annual volatility of 7.9493 XAF. From a start-to-finish perspective, comparing the January average rate of 65.4598 to the December average rate of 62.7070, the exchange rate registered a net change of -4.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 69.4250 was up 2.58% compared to the 2021 peak of 67.6787, 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 347,125 XAF
2021 Average 322,625 XAF
Yearly Trough Low 307,378 XAF
Transaction Impact: A difference of 39,746.46 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

68.6897
62.1632
JanuMarcMayJulySeptNove

NOK to XAF 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 65.7719, compared to 64.1523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6196 points.

H1 Avg (Jan–Jun) 65.7719
H2 Avg (Jul–Dec) 64.1523

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 4.7892 XAF (High: 66.2736 / Low: 61.4844). On the other end, January was the most stable month, with a tight range of 1.5510 XAF (High: 66.1575 / Low: 64.6066).

September Spread (Volatile) ±4.7892
January Spread (Stable) ±1.5510

Growth Streaks & Declines

Trends

Between February and April, 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 3.4901 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.4901

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 67.4904) against the same month in 2021 (average: 64.6578), the exchange rate shifted by +2.8327 (+4.38%).

2022 Avg (March) 67.4904
2021 Avg (March) 64.6578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 66.1575 64.6066 65.4598
February 66.3625 64.3296 65.2193
March 69.4250 66.2961 67.4904
April 69.2533 66.3108 68.1459
May 66.8544 63.2985 64.6558
June 65.1265 62.4228 63.6602
July 66.4084 63.3099 64.4520
August 68.0481 65.6052 66.6346
September 66.2736 61.4844 64.5456
October 64.0539 61.4757 63.1114
November 64.3294 62.2057 63.4631
December 64.1000 62.1020 62.7070