YEARLY HIGH
0.0125 NOK
YEARLY LOW
0.0109 NOK
YEARLY AVERAGE
0.0117 NOK

2023 KPW to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.0125. Conversely, the yearly low was recorded on January 1, dropping to 0.0109.

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 0.0110 to the December average rate of 0.0117, the exchange rate registered a net change of 5.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0125 was up 3.11% compared to the 2022 peak of 0.0121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62 NOK
2022 Average 53 NOK
Yearly Trough Low 54 NOK
Transaction Impact: A difference of 7.96 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0123
0.0109
JanuMarcMayJulySeptNove

KPW 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 0.0116, compared to 0.0118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0116
H2 Avg (Jul–Dec) 0.0118

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0010 NOK (High: 0.0122 / Low: 0.0112). On the other end, September was the most stable month, with a tight range of 0.0002 NOK (High: 0.0120 / Low: 0.0118).

December Spread (Volatile) ±0.0010
September Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0121) against the same month in 2022 (average: 0.0112), the exchange rate shifted by +0.0009 (+7.85%).

2023 Avg (November) 0.0121
2022 Avg (November) 0.0112

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0114 0.0109 0.0110
February 0.0116 0.0110 0.0114
March 0.0120 0.0115 0.0117
April 0.0119 0.0114 0.0117
May 0.0124 0.0117 0.0120
June 0.0123 0.0117 0.0120
July 0.0120 0.0111 0.0114
August 0.0119 0.0113 0.0116
September 0.0120 0.0118 0.0119
October 0.0125 0.0119 0.0122
November 0.0125 0.0118 0.0121
December 0.0122 0.0112 0.0117