2023 AFN to NOK Historical Review

YEARLY HIGH

0.1581 NOK

YEARLY LOW

0.1100 NOK

YEARLY AVERAGE

0.1287 NOK

2023 AFN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.1581. Conversely, the yearly low was recorded on February 1, dropping to 0.1100.

This high-to-low spread represents a total annual volatility of 0.0482 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1117 to the December average rate of 0.1504, the exchange rate registered a net change of 34.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1581 was up 25.24% compared to the 2022 peak of 0.1263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 791 NOK

2022 Average 536 NOK

Yearly Trough Low 550 NOK

Transaction Impact: A difference of 240.91 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1567

0.1076

JanuMarcMayJulySeptNove

AFN 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 0.1193, compared to 0.1382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.1193

H2 Avg (Jul–Dec) 0.1382

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0153 NOK (High: 0.1461 / Low: 0.1308). On the other end, January was the most stable month, with a tight range of 0.0057 NOK (High: 0.1157 / Low: 0.1100).

September Spread (Volatile) ±0.0153

January Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0057 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1504) against the same month in 2022 (average: 0.1129), the exchange rate shifted by +0.0375 (+33.19%).

2023 Avg (December) 0.1504

2022 Avg (December) 0.1129

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1157	0.1100	0.1117
February	0.1178	0.1100	0.1143
March	0.1241	0.1160	0.1203
April	0.1242	0.1144	0.1213
May	0.1275	0.1193	0.1236
June	0.1269	0.1204	0.1245
July	0.1249	0.1152	0.1187
August	0.1309	0.1174	0.1241
September	0.1461	0.1308	0.1377
October	0.1520	0.1379	0.1457
November	0.1572	0.1483	0.1526
December	0.1581	0.1438	0.1504