2023 LBP to NOK Historical Review

YEARLY HIGH

0.0068 NOK

YEARLY LOW

0.0007 NOK

YEARLY AVERAGE

0.0013 NOK

2023 LBP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0068. Conversely, the yearly low was recorded on July 24, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0061 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0007, the exchange rate registered a net change of -89.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0068 was down 5.61% compared to the 2022 peak of 0.0072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34 NOK

2022 Average 32 NOK

Yearly Trough Low 3 NOK

Transaction Impact: A difference of 30.57 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0071

0.0001

JanuMarcMayJulySeptNove

LBP 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 0.0019, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0019

H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0061 NOK (High: 0.0068 / Low: 0.0007). On the other end, September was the most stable month, with a tight range of 0.0000 NOK (High: 0.0007 / Low: 0.0007).

February Spread (Volatile) ±0.0061

September Spread (Stable) ±0.0000

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 January and February, when the average rate fell by 0.0048 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0018) against the same month in 2022 (average: 0.0059), the exchange rate shifted by -0.0041 (-70.08%).

2023 Avg (February) 0.0018

2022 Avg (February) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0067	0.0065	0.0065
February	0.0068	0.0007	0.0018
March	0.0007	0.0007	0.0007
April	0.0007	0.0007	0.0007
May	0.0007	0.0007	0.0007
June	0.0007	0.0007	0.0007
July	0.0007	0.0007	0.0007
August	0.0007	0.0007	0.0007
September	0.0007	0.0007	0.0007
October	0.0007	0.0007	0.0007
November	0.0007	0.0007	0.0007
December	0.0007	0.0007	0.0007