2022 NOK to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NOK to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NOK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.8150. Conversely, the yearly low was recorded on June 15, dropping to 1.5881.
This high-to-low spread represents a total annual volatility of 0.2268 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.7514 to the December average rate of 1.7513, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.8150 was down 0.93% compared to the 2021 peak of 1.8321, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NOK to ZAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.6883, compared to 1.7180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0296 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was January, with a trading range of 0.1203 ZAR (High: 1.8150 / Low: 1.6947). On the other end, August was the most stable month, with a tight range of 0.0593 ZAR (High: 1.7493 / Low: 1.6900).
Growth Streaks & Declines
TrendsBetween September and December, 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 May and June, when the average rate fell by 0.0341 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 1.7514) against the same month in 2021 (average: 1.7741), the exchange rate shifted by -0.0227 (-1.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.8150 | 1.6947 | 1.7514 |
| February | 1.7668 | 1.6819 | 1.7179 |
| March | 1.7338 | 1.6626 | 1.6940 |
| April | 1.7452 | 1.6531 | 1.6874 |
| May | 1.7074 | 1.6250 | 1.6567 |
| June | 1.6548 | 1.5881 | 1.6226 |
| July | 1.7268 | 1.6431 | 1.6844 |
| August | 1.7493 | 1.6900 | 1.7176 |
| September | 1.7480 | 1.6621 | 1.7144 |
| October | 1.7657 | 1.6618 | 1.7147 |
| November | 1.7595 | 1.6901 | 1.7253 |
| December | 1.8081 | 1.7124 | 1.7513 |