YEARLY HIGH
0.0244 NOK
YEARLY LOW
0.0213 NOK
YEARLY AVERAGE
0.0232 NOK

2023 KMF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.0244. Conversely, the yearly low was recorded on January 1, dropping to 0.0213.

This high-to-low spread represents a total annual volatility of 0.0032 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0217 to the December average rate of 0.0233, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0244 was up 12.52% compared to the 2022 peak of 0.0217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 122 NOK
2022 Average 103 NOK
Yearly Trough Low 106 NOK
Transaction Impact: A difference of 15.77 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0241
0.0215
JanuMarcMayJulySeptNove

KMF 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 0.0230, compared to 0.0234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0230
H2 Avg (Jul–Dec) 0.0234

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0013 NOK (High: 0.0240 / Low: 0.0227). On the other end, September was the most stable month, with a tight range of 0.0006 NOK (High: 0.0236 / Low: 0.0229).

December Spread (Volatile) ±0.0013
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 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0239) against the same month in 2022 (average: 0.0209), the exchange rate shifted by +0.0030 (+14.32%).

2023 Avg (November) 0.0239
2022 Avg (November) 0.0209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0220 0.0213 0.0217
February 0.0226 0.0219 0.0223
March 0.0234 0.0224 0.0229
April 0.0239 0.0227 0.0234
May 0.0243 0.0234 0.0239
June 0.0241 0.0231 0.0237
July 0.0238 0.0226 0.0231
August 0.0236 0.0225 0.0232
September 0.0236 0.0229 0.0233
October 0.0241 0.0230 0.0236
November 0.0244 0.0236 0.0239
December 0.0240 0.0227 0.0233