YEARLY HIGH
6.0629 PHP
YEARLY LOW
5.3019 PHP
YEARLY AVERAGE
5.6762 PHP

2022 NOK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 6.0629. Conversely, the yearly low was recorded on May 18, dropping to 5.3019.

This high-to-low spread represents a total annual volatility of 0.7609 PHP. From a start-to-finish perspective, comparing the January average rate of 5.7867 to the December average rate of 5.6261, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 6.0629 was down 0.60% compared to the 2021 peak of 6.0996, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30,314 PHP
2021 Average 28,656 PHP
Yearly Trough Low 26,510 PHP
Transaction Impact: A difference of 3,804.75 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

5.9487
5.4145
JanuMarcMayJulySeptNove

NOK to PHP 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 5.7146, compared to 5.6378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0768 points.

H1 Avg (Jan–Jun) 5.7146
H2 Avg (Jul–Dec) 5.6378

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.3879 PHP (High: 5.9530 / Low: 5.5652). On the other end, August was the most stable month, with a tight range of 0.1876 PHP (High: 5.8319 / Low: 5.6443).

April Spread (Volatile) ±0.3879
August Spread (Stable) ±0.1876

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.3859 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 5.9042) against the same month in 2021 (average: 5.6927), the exchange rate shifted by +0.2115 (+3.72%).

2022 Avg (March) 5.9042
2021 Avg (March) 5.6927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.8837 5.6868 5.7867
February 5.8901 5.7019 5.7848
March 6.0629 5.7778 5.9042
April 5.9530 5.5652 5.8449
May 5.6824 5.3019 5.4590
June 5.6362 5.3256 5.5079
July 5.7426 5.4897 5.5969
August 5.8319 5.6443 5.7399
September 5.7711 5.4025 5.6229
October 5.6887 5.4025 5.5594
November 5.7914 5.5713 5.6814
December 5.7718 5.5212 5.6261