YEARLY HIGH
0.0516 NOK
YEARLY LOW
0.0403 NOK
YEARLY AVERAGE
0.0472 NOK

2022 PKR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PKR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0516. Conversely, the yearly low was recorded on August 1, dropping to 0.0403.

This high-to-low spread represents a total annual volatility of 0.0113 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0501 to the December average rate of 0.0438, the exchange rate registered a net change of -12.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0516 was down 7.90% compared to the 2021 peak of 0.0560, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 25,788 NOK
2021 Average 26,430 NOK
Yearly Trough Low 20,161 NOK
Transaction Impact: A difference of 5,626.58 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0512
0.0432
JanuMarcMayJulySeptNove

PKR 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 0.0492, compared to 0.0453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0492
H2 Avg (Jul–Dec) 0.0453

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0091 NOK (High: 0.0495 / Low: 0.0404). On the other end, December was the most stable month, with a tight range of 0.0015 NOK (High: 0.0446 / Low: 0.0431).

July Spread (Volatile) ±0.0091
December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.0495) against the same month in 2021 (average: 0.0542), the exchange rate shifted by -0.0047 (-8.69%).

2022 Avg (May) 0.0495
2021 Avg (May) 0.0542

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0509 0.0492 0.0501
February 0.0512 0.0496 0.0505
March 0.0508 0.0470 0.0491
April 0.0507 0.0468 0.0482
May 0.0516 0.0471 0.0495
June 0.0485 0.0465 0.0476
July 0.0495 0.0404 0.0460
August 0.0457 0.0403 0.0441
September 0.0477 0.0426 0.0445
October 0.0496 0.0464 0.0478
November 0.0478 0.0438 0.0455
December 0.0446 0.0431 0.0438