2023 CDF to NOK Historical Review

YEARLY HIGH

0.0052 NOK

YEARLY LOW

0.0037 NOK

YEARLY AVERAGE

0.0046 NOK

2023 CDF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0052. Conversely, the yearly low was recorded on December 21, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0016 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0039, the exchange rate registered a net change of -20.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0052 was down 1.68% compared to the 2022 peak of 0.0053, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26 NOK

2022 Average 24 NOK

Yearly Trough Low 18 NOK

Transaction Impact: A difference of 7.77 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0052

0.0037

JanuMarcMayJulySeptNove

CDF 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 0.0049, compared to 0.0042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0049

H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0006 NOK (High: 0.0052 / Low: 0.0047). On the other end, September was the most stable month, with a tight range of 0.0001 NOK (High: 0.0044 / Low: 0.0043).

May Spread (Volatile) ±0.0006

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0050) against the same month in 2022 (average: 0.0048), the exchange rate shifted by +0.0002 (+3.75%).

2023 Avg (May) 0.0050

2022 Avg (May) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0050	0.0047	0.0048
February	0.0051	0.0048	0.0050
March	0.0052	0.0050	0.0051
April	0.0052	0.0049	0.0050
May	0.0052	0.0047	0.0050
June	0.0048	0.0044	0.0046
July	0.0045	0.0040	0.0042
August	0.0044	0.0041	0.0042
September	0.0044	0.0043	0.0043
October	0.0045	0.0043	0.0044
November	0.0045	0.0040	0.0043
December	0.0041	0.0037	0.0039