2023 HTG to NOK Historical Review

YEARLY HIGH

0.0846 NOK

YEARLY LOW

0.0660 NOK

YEARLY AVERAGE

0.0749 NOK

2023 HTG to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.0846. Conversely, the yearly low was recorded on January 21, dropping to 0.0660.

This high-to-low spread represents a total annual volatility of 0.0186 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0669 to the December average rate of 0.0795, the exchange rate registered a net change of 18.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0846 was down 7.21% compared to the 2022 peak of 0.0912, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 423 NOK

2022 Average 412 NOK

Yearly Trough Low 330 NOK

Transaction Impact: A difference of 92.75 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0838

0.0653

JanuMarcMayJulySeptNove

HTG 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 0.0706, compared to 0.0792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.0706

H2 Avg (Jul–Dec) 0.0792

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0096 NOK (High: 0.0794 / Low: 0.0698). On the other end, September was the most stable month, with a tight range of 0.0020 NOK (High: 0.0805 / Low: 0.0785).

May Spread (Volatile) ±0.0096

September Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between July and November, 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 0.0028 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0823) against the same month in 2022 (average: 0.0749), the exchange rate shifted by +0.0074 (+9.91%).

2023 Avg (November) 0.0823

2022 Avg (November) 0.0749

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0695	0.0660	0.0669
February	0.0697	0.0663	0.0682
March	0.0702	0.0670	0.0686
April	0.0702	0.0661	0.0678
May	0.0794	0.0698	0.0744
June	0.0798	0.0752	0.0775
July	0.0781	0.0723	0.0747
August	0.0792	0.0743	0.0770
September	0.0805	0.0785	0.0793
October	0.0842	0.0790	0.0821
November	0.0846	0.0802	0.0823
December	0.0830	0.0765	0.0795