YEARLY HIGH
0.0290 NOK
YEARLY LOW
0.0247 NOK
YEARLY AVERAGE
0.0269 NOK

2023 AMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.0290. Conversely, the yearly low was recorded on January 21, dropping to 0.0247.

This high-to-low spread represents a total annual volatility of 0.0043 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0251 to the December average rate of 0.0260, the exchange rate registered a net change of 3.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0290 was up 7.62% compared to the 2022 peak of 0.0269, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145 NOK
2022 Average 112 NOK
Yearly Trough Low 124 NOK
Transaction Impact: A difference of 21.32 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0283
0.0248
JanuMarcMayJulySeptNove

AMD 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 0.0269, compared to 0.0270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0269
H2 Avg (Jul–Dec) 0.0270

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0025 NOK (High: 0.0280 / Low: 0.0255). On the other end, January was the most stable month, with a tight range of 0.0012 NOK (High: 0.0259 / Low: 0.0247).

July Spread (Volatile) ±0.0025
January Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0280) against the same month in 2022 (average: 0.0209), the exchange rate shifted by +0.0070 (+33.54%).

2023 Avg (May) 0.0280
2022 Avg (May) 0.0209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0259 0.0247 0.0251
February 0.0267 0.0250 0.0260
March 0.0280 0.0266 0.0271
April 0.0278 0.0264 0.0271
May 0.0290 0.0270 0.0280
June 0.0287 0.0271 0.0279
July 0.0280 0.0255 0.0265
August 0.0278 0.0262 0.0271
September 0.0282 0.0269 0.0278
October 0.0279 0.0256 0.0272
November 0.0279 0.0264 0.0271
December 0.0273 0.0250 0.0260