2023 NOK to AMD Historical Review

YEARLY HIGH

40.4631 AMD

YEARLY LOW

34.5099 AMD

YEARLY AVERAGE

37.1998 AMD

2023 NOK to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 40.4631. Conversely, the yearly low was recorded on May 30, dropping to 34.5099.

This high-to-low spread represents a total annual volatility of 5.9532 AMD. From a start-to-finish perspective, comparing the January average rate of 39.8539 to the December average rate of 38.4887, the exchange rate registered a net change of -3.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.4631 was down 30.32% compared to the 2022 peak of 58.0659, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202,316 AMD

2022 Average 228,839 AMD

Yearly Trough Low 172,549 AMD

Transaction Impact: A difference of 29,766.19 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.2628

35.3560

JanuMarcMayJulySeptNove

NOK to AMD 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 37.2821, compared to 37.1176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1645 points.

H1 Avg (Jan–Jun) 37.2821

H2 Avg (Jul–Dec) 37.1176

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 3.4358 AMD (High: 39.1554 / Low: 35.7196). On the other end, September was the most stable month, with a tight range of 1.6727 AMD (High: 37.1909 / Low: 35.5182).

July Spread (Volatile) ±3.4358

September Spread (Stable) ±1.6727

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 1.6098 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 39.8539) against the same month in 2022 (average: 54.4435), the exchange rate shifted by -14.5896 (-26.80%).

2023 Avg (January) 39.8539

2022 Avg (January) 54.4435

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.4631	38.5481	39.8539
February	40.0495	37.4406	38.4596
March	37.5612	35.7607	36.8498
April	37.9025	35.9997	36.9578
May	36.9743	34.5099	35.7649
June	36.8357	34.8040	35.8065
July	39.1554	35.7196	37.6986
August	38.1701	36.0250	36.9082
September	37.1909	35.5182	36.0143
October	39.0303	35.8052	36.7305
November	37.9004	35.8747	36.8653
December	40.0517	36.6534	38.4887