YEARLY HIGH
3.0921 NOK
YEARLY LOW
2.4339 NOK
YEARLY AVERAGE
2.7250 NOK

2022 PGK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 3.0921. Conversely, the yearly low was recorded on March 26, dropping to 2.4339.

This high-to-low spread represents a total annual volatility of 0.6582 NOK. From a start-to-finish perspective, comparing the January average rate of 2.5124 to the December average rate of 2.7999, the exchange rate registered a net change of 11.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.0921 was up 19.08% compared to the 2021 peak of 2.5966, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,460 NOK
2021 Average 12,187 NOK
Yearly Trough Low 12,170 NOK
Transaction Impact: A difference of 3,290.94 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.0491
2.4595
JanuMarcMayJulySeptNove

PGK 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 2.5897, compared to 2.8602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2705 points.

H1 Avg (Jan–Jun) 2.5897
H2 Avg (Jul–Dec) 2.8602

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.2989 NOK (High: 3.0921 / Low: 2.7932). On the other end, February was the most stable month, with a tight range of 0.0703 NOK (High: 2.5552 / Low: 2.4849).

September Spread (Volatile) ±0.2989
February Spread (Stable) ±0.0703

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1277 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.9132) against the same month in 2021 (average: 2.4588), the exchange rate shifted by +0.4544 (+18.48%).

2022 Avg (September) 2.9132
2021 Avg (September) 2.4588

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5584 2.4614 2.5124
February 2.5552 2.4849 2.5197
March 2.5714 2.4339 2.5087
April 2.6764 2.4724 2.5293
May 2.8109 2.6032 2.7209
June 2.8373 2.6375 2.7473
July 2.9045 2.7402 2.8148
August 2.8279 2.7038 2.7612
September 3.0921 2.7932 2.9132
October 3.0921 2.9021 3.0000
November 2.9863 2.7925 2.8723
December 2.8454 2.7449 2.7999