2023 NOK to ANG Historical Review

YEARLY HIGH

0.1841 ANG

YEARLY LOW

0.1606 ANG

YEARLY AVERAGE

0.1708 ANG

2023 NOK to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1841. Conversely, the yearly low was recorded on November 9, dropping to 0.1606.

This high-to-low spread represents a total annual volatility of 0.0235 ANG. From a start-to-finish perspective, comparing the January average rate of 0.1816 to the December average rate of 0.1717, the exchange rate registered a net change of -5.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1841 was down 12.41% compared to the 2022 peak of 0.2102, 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 921 ANG

2022 Average 941 ANG

Yearly Trough Low 803 ANG

Transaction Impact: A difference of 117.72 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1834

0.1620

JanuMarcMayJulySeptNove

NOK to ANG 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 0.1722, compared to 0.1693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1722

H2 Avg (Jul–Dec) 0.1693

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0145 ANG (High: 0.1811 / Low: 0.1666). On the other end, September was the most stable month, with a tight range of 0.0031 ANG (High: 0.1695 / Low: 0.1664).

July Spread (Volatile) ±0.0145

September Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0057 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1816) against the same month in 2022 (average: 0.2034), the exchange rate shifted by -0.0218 (-10.72%).

2023 Avg (January) 0.1816

2022 Avg (January) 0.2034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1841	0.1758	0.1816
February	0.1822	0.1725	0.1759
March	0.1736	0.1660	0.1708
April	0.1754	0.1666	0.1714
May	0.1717	0.1611	0.1667
June	0.1718	0.1626	0.1670
July	0.1811	0.1666	0.1752
August	0.1778	0.1680	0.1721
September	0.1695	0.1664	0.1679
October	0.1685	0.1608	0.1637
November	0.1698	0.1606	0.1652
December	0.1784	0.1644	0.1717