YEARLY HIGH
0.3152 XCD
YEARLY LOW
0.2482 XCD
YEARLY AVERAGE
0.2823 XCD

2022 NOK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.3152. Conversely, the yearly low was recorded on October 1, dropping to 0.2482.

This high-to-low spread represents a total annual volatility of 0.0670 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3053 to the December average rate of 0.2737, 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 0.3152 was down 4.65% compared to the 2021 peak of 0.3306, 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 1,576 XCD
2021 Average 1,572 XCD
Yearly Trough Low 1,241 XCD
Transaction Impact: A difference of 334.99 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3111
0.2507
JanuMarcMayJulySeptNove

NOK to XCD 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 0.2964, compared to 0.2682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0283 points.

H1 Avg (Jan–Jun) 0.2964
H2 Avg (Jul–Dec) 0.2682

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0264 XCD (High: 0.2747 / Low: 0.2483). On the other end, December was the most stable month, with a tight range of 0.0083 XCD (High: 0.2780 / Low: 0.2697).

September Spread (Volatile) ±0.0264
December Spread (Stable) ±0.0083

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 0.0219 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.3060) against the same month in 2021 (average: 0.3170), the exchange rate shifted by -0.0109 (-3.45%).

2022 Avg (March) 0.3060
2021 Avg (March) 0.3170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3118 0.3005 0.3053
February 0.3098 0.2997 0.3047
March 0.3152 0.2988 0.3060
April 0.3103 0.2871 0.3037
May 0.2925 0.2731 0.2817
June 0.2885 0.2702 0.2772
July 0.2798 0.2633 0.2708
August 0.2840 0.2715 0.2778
September 0.2747 0.2483 0.2637
October 0.2642 0.2482 0.2558
November 0.2750 0.2554 0.2674
December 0.2780 0.2697 0.2737