2023 ARS to NOK Historical Review

YEARLY HIGH

0.0573 NOK

YEARLY LOW

0.0125 NOK

YEARLY AVERAGE

0.0403 NOK

2023 ARS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0573. Conversely, the yearly low was recorded on December 27, dropping to 0.0125.

This high-to-low spread represents a total annual volatility of 0.0448 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0545 to the December average rate of 0.0194, the exchange rate registered a net change of -64.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0573 was down 33.47% compared to the 2022 peak of 0.0862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 287 NOK

2022 Average 375 NOK

Yearly Trough Low 63 NOK

Transaction Impact: A difference of 224.06 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0581

0.0159

JanuMarcMayJulySeptNove

ARS 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 0.0499, compared to 0.0307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0192 points.

H1 Avg (Jan–Jun) 0.0499

H2 Avg (Jul–Dec) 0.0307

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0177 NOK (High: 0.0302 / Low: 0.0125). On the other end, September was the most stable month, with a tight range of 0.0005 NOK (High: 0.0309 / Low: 0.0304).

December Spread (Volatile) ±0.0177

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0114 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0545) against the same month in 2022 (average: 0.0852), the exchange rate shifted by -0.0307 (-35.99%).

2023 Avg (January) 0.0545

2022 Avg (January) 0.0852

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0573	0.0532	0.0545
February	0.0547	0.0525	0.0534
March	0.0535	0.0499	0.0520
April	0.0503	0.0478	0.0488
May	0.0483	0.0459	0.0469
June	0.0460	0.0419	0.0435
July	0.0422	0.0368	0.0387
August	0.0371	0.0299	0.0329
September	0.0309	0.0304	0.0307
October	0.0320	0.0305	0.0314
November	0.0321	0.0295	0.0309
December	0.0302	0.0125	0.0194