2023 CRC to NOK Historical Review

YEARLY HIGH

0.0211 NOK

YEARLY LOW

0.0165 NOK

YEARLY AVERAGE

0.0195 NOK

2023 CRC to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.0211. Conversely, the yearly low was recorded on January 1, dropping to 0.0165.

This high-to-low spread represents a total annual volatility of 0.0046 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0173 to the December average rate of 0.0200, the exchange rate registered a net change of 15.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0211 was up 21.65% compared to the 2022 peak of 0.0174, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106 NOK

2022 Average 75 NOK

Yearly Trough Low 83 NOK

Transaction Impact: A difference of 22.97 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0210

0.0169

JanuMarcMayJulySeptNove

CRC 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 0.0191, compared to 0.0200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0191

H2 Avg (Jul–Dec) 0.0200

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0017 NOK (High: 0.0199 / Low: 0.0183). On the other end, September was the most stable month, with a tight range of 0.0006 NOK (High: 0.0204 / Low: 0.0198).

July Spread (Volatile) ±0.0017

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0206) against the same month in 2022 (average: 0.0166), the exchange rate shifted by +0.0040 (+24.14%).

2023 Avg (November) 0.0206

2022 Avg (November) 0.0166

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0181	0.0165	0.0173
February	0.0186	0.0175	0.0181
March	0.0200	0.0186	0.0193
April	0.0201	0.0190	0.0196
May	0.0208	0.0193	0.0201
June	0.0206	0.0194	0.0200
July	0.0199	0.0183	0.0190
August	0.0200	0.0187	0.0195
September	0.0204	0.0198	0.0200
October	0.0211	0.0200	0.0207
November	0.0211	0.0200	0.0206
December	0.0208	0.0194	0.0200