2022 PEN to NOK Historical Review

YEARLY HIGH

2.7597 NOK

YEARLY LOW

2.2042 NOK

YEARLY AVERAGE

2.5069 NOK

2022 PEN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PEN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 2.7597. Conversely, the yearly low was recorded on January 2, dropping to 2.2042.

This high-to-low spread represents a total annual volatility of 0.5555 NOK. From a start-to-finish perspective, comparing the January average rate of 2.2740 to the December average rate of 2.5808, the exchange rate registered a net change of 13.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.7597 was up 16.05% compared to the 2021 peak of 2.3780, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 13,798 NOK

2021 Average 11,095 NOK

Yearly Trough Low 11,021 NOK

Transaction Impact: A difference of 2,777.39 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.6974

2.2355

JanuMarcMayJulySeptNove

PEN to NOK 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 2.4199, compared to 2.5939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1740 points.

H1 Avg (Jan–Jun) 2.4199

H2 Avg (Jul–Dec) 2.5939

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.2182 NOK (High: 2.7597 / Low: 2.5414). On the other end, December was the most stable month, with a tight range of 0.0758 NOK (High: 2.6207 / Low: 2.5450).

September Spread (Volatile) ±0.2182

December Spread (Stable) ±0.0758

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0506 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.6382) against the same month in 2021 (average: 2.1086), the exchange rate shifted by +0.5296 (+25.12%).

2022 Avg (September) 2.6382

2021 Avg (September) 2.1086

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3427	2.2042	2.2740
February	2.4142	2.2616	2.3397
March	2.4401	2.2946	2.3620
April	2.4601	2.3445	2.3825
May	2.6259	2.4154	2.5568
June	2.6891	2.5185	2.6043
July	2.6293	2.4585	2.5632
August	2.6059	2.4505	2.5127
September	2.7597	2.5414	2.6382
October	2.7337	2.5719	2.6589
November	2.6763	2.5595	2.6097
December	2.6207	2.5450	2.5808