YEARLY HIGH
2.1540 NOK
YEARLY LOW
1.9092 NOK
YEARLY AVERAGE
2.0495 NOK

2022 RON to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RON to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.1540. Conversely, the yearly low was recorded on March 25, dropping to 1.9092.

This high-to-low spread represents a total annual volatility of 0.2448 NOK. From a start-to-finish perspective, comparing the January average rate of 2.0266 to the December average rate of 2.1249, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.1540 was down 0.62% compared to the 2021 peak of 2.1674, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,770 NOK
2021 Average 10,334 NOK
Yearly Trough Low 9,546 NOK
Transaction Impact: A difference of 1,223.93 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.1426
1.9301
JanuMarcMayJulySeptNove

RON 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 2.0184, compared to 2.0807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0624 points.

H1 Avg (Jan–Jun) 2.0184
H2 Avg (Jul–Dec) 2.0807

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.1321 NOK (High: 2.1540 / Low: 2.0218). On the other end, January was the most stable month, with a tight range of 0.0493 NOK (High: 2.0544 / Low: 2.0052).

September Spread (Volatile) ±0.1321
January Spread (Stable) ±0.0493

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0695 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0695

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.0707) against the same month in 2021 (average: 2.0613), the exchange rate shifted by +0.0094 (+0.46%).

2022 Avg (September) 2.0707
2021 Avg (September) 2.0613

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0544 2.0052 2.0266
February 2.0619 1.9983 2.0344
March 1.9995 1.9092 1.9650
April 2.0002 1.9158 1.9478
May 2.0947 1.9835 2.0518
June 2.1247 2.0375 2.0845
July 2.0946 2.0040 2.0613
August 2.0633 1.9795 2.0144
September 2.1540 2.0218 2.0707
October 2.1540 2.0889 2.1094
November 2.1327 2.0785 2.1037
December 2.1426 2.0750 2.1249