2023 NOK to AUD Historical Review

YEARLY HIGH

0.1500 AUD

YEARLY LOW

0.1349 AUD

YEARLY AVERAGE

0.1426 AUD

2023 NOK to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 0.1500. Conversely, the yearly low was recorded on June 6, dropping to 0.1349.

This high-to-low spread represents a total annual volatility of 0.0151 AUD. From a start-to-finish perspective, comparing the January average rate of 0.1448 to the December average rate of 0.1419, the exchange rate registered a net change of -1.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1500 was down 6.73% compared to the 2022 peak of 0.1608, 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 750 AUD

2022 Average 751 AUD

Yearly Trough Low 675 AUD

Transaction Impact: A difference of 75.39 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1483

0.1370

JanuMarcMayJulySeptNove

NOK to AUD 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 0.1414, compared to 0.1439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1414

H2 Avg (Jul–Dec) 0.1439

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0084 AUD (High: 0.1498 / Low: 0.1414). On the other end, September was the most stable month, with a tight range of 0.0030 AUD (High: 0.1467 / Low: 0.1436).

January Spread (Volatile) ±0.0084

September Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between February and April, 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 0.0031 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1474) against the same month in 2022 (average: 0.1479), the exchange rate shifted by -0.0005 (-0.35%).

2023 Avg (August) 0.1474

2022 Avg (August) 0.1479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1498	0.1414	0.1448
February	0.1435	0.1392	0.1417
March	0.1439	0.1382	0.1421
April	0.1437	0.1401	0.1424
May	0.1410	0.1372	0.1393
June	0.1407	0.1349	0.1379
July	0.1477	0.1397	0.1446
August	0.1500	0.1450	0.1474
September	0.1467	0.1436	0.1451
October	0.1455	0.1409	0.1432
November	0.1429	0.1390	0.1411
December	0.1445	0.1390	0.1419