2023 GYD to NOK Historical Review

YEARLY HIGH

0.0536 NOK

YEARLY LOW

0.0467 NOK

YEARLY AVERAGE

0.0503 NOK

2023 GYD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.0536. Conversely, the yearly low was recorded on January 26, dropping to 0.0467.

This high-to-low spread represents a total annual volatility of 0.0069 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0473 to the December average rate of 0.0502, the exchange rate registered a net change of 6.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0536 was up 3.16% compared to the 2022 peak of 0.0520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 268 NOK

2022 Average 230 NOK

Yearly Trough Low 234 NOK

Transaction Impact: A difference of 34.70 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0531

0.0468

JanuMarcMayJulySeptNove

GYD 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 0.0496, compared to 0.0509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0496

H2 Avg (Jul–Dec) 0.0509

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0042 NOK (High: 0.0524 / Low: 0.0482). On the other end, September was the most stable month, with a tight range of 0.0010 NOK (High: 0.0518 / Low: 0.0508).

December Spread (Volatile) ±0.0042

September Spread (Stable) ±0.0010

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 June and July, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0521) against the same month in 2022 (average: 0.0484), the exchange rate shifted by +0.0038 (+7.79%).

2023 Avg (November) 0.0521

2022 Avg (November) 0.0484

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0490	0.0467	0.0473
February	0.0495	0.0469	0.0486
March	0.0514	0.0492	0.0500
April	0.0505	0.0486	0.0497
May	0.0529	0.0496	0.0511
June	0.0524	0.0496	0.0510
July	0.0511	0.0476	0.0490
August	0.0512	0.0484	0.0500
September	0.0518	0.0508	0.0513
October	0.0536	0.0511	0.0526
November	0.0536	0.0507	0.0521
December	0.0524	0.0482	0.0502