YEARLY HIGH
2.9893 NOK
YEARLY LOW
2.3547 NOK
YEARLY AVERAGE
2.6378 NOK

2022 QAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the QAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.9893. Conversely, the yearly low was recorded on March 30, dropping to 2.3547.

This high-to-low spread represents a total annual volatility of 0.6346 NOK. From a start-to-finish perspective, comparing the January average rate of 2.4312 to the December average rate of 2.7082, the exchange rate registered a net change of 11.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.9893 was up 18.49% compared to the 2021 peak of 2.5228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,947 NOK
2021 Average 11,800 NOK
Yearly Trough Low 11,774 NOK
Transaction Impact: A difference of 3,173.14 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.9491
2.3781
JanuMarcMayJulySeptNove

QAR 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 2.5080, compared to 2.7675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2596 points.

H1 Avg (Jan–Jun) 2.5080
H2 Avg (Jul–Dec) 2.7675

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.2870 NOK (High: 2.9893 / Low: 2.7024). On the other end, February was the most stable month, with a tight range of 0.0733 NOK (High: 2.4692 / Low: 2.3959).

September Spread (Volatile) ±0.2870
February Spread (Stable) ±0.0733

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 0.1256 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.8172) against the same month in 2021 (average: 2.3731), the exchange rate shifted by +0.4441 (+18.71%).

2022 Avg (September) 2.8172
2021 Avg (September) 2.3731

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4704 2.3803 2.4312
February 2.4692 2.3959 2.4354
March 2.4845 2.3547 2.4257
April 2.5848 2.3918 2.4455
May 2.7175 2.5372 2.6349
June 2.7469 2.5729 2.6752
July 2.7996 2.6529 2.7307
August 2.7342 2.6140 2.6719
September 2.9893 2.7024 2.8172
October 2.9893 2.8094 2.9015
November 2.9063 2.6997 2.7759
December 2.7508 2.6651 2.7082