YEARLY HIGH
0.9849 NOK
YEARLY LOW
0.9040 NOK
YEARLY AVERAGE
0.9503 NOK

2022 SEK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SEK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.9849. Conversely, the yearly low was recorded on March 8, dropping to 0.9040.

This high-to-low spread represents a total annual volatility of 0.0808 NOK. From a start-to-finish perspective, comparing the January average rate of 0.9673 to the December average rate of 0.9500, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9849 was down 5.66% compared to the 2021 peak of 1.0440, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,924 NOK
2021 Average 5,010 NOK
Yearly Trough Low 4,520 NOK
Transaction Impact: A difference of 404.16 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9767
0.9172
JanuMarcMayJulySeptNove

SEK 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 0.9521, compared to 0.9485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.9521
H2 Avg (Jul–Dec) 0.9485

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0581 NOK (High: 0.9804 / Low: 0.9224). On the other end, June was the most stable month, with a tight range of 0.0208 NOK (High: 0.9831 / Low: 0.9624).

September Spread (Volatile) ±0.0581
June Spread (Stable) ±0.0208

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0307 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.9666) against the same month in 2021 (average: 0.9952), the exchange rate shifted by -0.0287 (-2.88%).

2022 Avg (May) 0.9666
2021 Avg (May) 0.9952

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9762 0.9525 0.9673
February 0.9670 0.9311 0.9528
March 0.9450 0.9040 0.9221
April 0.9544 0.9201 0.9317
May 0.9849 0.9484 0.9666
June 0.9831 0.9624 0.9718
July 0.9757 0.9503 0.9632
August 0.9626 0.9126 0.9360
September 0.9804 0.9224 0.9436
October 0.9804 0.9350 0.9495
November 0.9587 0.9307 0.9488
December 0.9667 0.9370 0.9500