2023 LYD to NOK Historical Review

YEARLY HIGH

2.3191 NOK

YEARLY LOW

2.0277 NOK

YEARLY AVERAGE

2.1957 NOK

2023 LYD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 2.3191. Conversely, the yearly low was recorded on January 1, dropping to 2.0277.

This high-to-low spread represents a total annual volatility of 0.2914 NOK. From a start-to-finish perspective, comparing the January average rate of 2.0759 to the December average rate of 2.1872, the exchange rate registered a net change of 5.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3191 was up 7.58% compared to the 2022 peak of 2.1557, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,595 NOK

2022 Average 9,997 NOK

Yearly Trough Low 10,139 NOK

Transaction Impact: A difference of 1,456.78 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2795

2.0574

JanuMarcMayJulySeptNove

LYD 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 2.1859, compared to 2.2054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 2.1859

H2 Avg (Jul–Dec) 2.2054

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1587 NOK (High: 2.2467 / Low: 2.0880). On the other end, September was the most stable month, with a tight range of 0.0523 NOK (High: 2.2320 / Low: 2.1797).

July Spread (Volatile) ±0.1587

September Spread (Stable) ±0.0523

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 0.0855 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0855

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 2.2610) against the same month in 2022 (average: 2.0005), the exchange rate shifted by +0.2605 (+13.02%).

2023 Avg (May) 2.2610

2022 Avg (May) 2.0005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1289	2.0277	2.0759
February	2.1761	2.0766	2.1375
March	2.2508	2.1472	2.1927
April	2.2648	2.1497	2.2067
May	2.3191	2.2071	2.2610
June	2.2954	2.1791	2.2417
July	2.2467	2.0880	2.1562
August	2.2240	2.1111	2.1781
September	2.2320	2.1797	2.2113
October	2.2982	2.1900	2.2492
November	2.3048	2.2073	2.2502
December	2.2684	2.1122	2.1872