2023 NOK to CHF Historical Review

YEARLY HIGH

0.0945 CHF

YEARLY LOW

0.0797 CHF

YEARLY AVERAGE

0.0852 CHF

2023 NOK to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0945. Conversely, the yearly low was recorded on December 6, dropping to 0.0797.

This high-to-low spread represents a total annual volatility of 0.0148 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0931 to the December average rate of 0.0822, the exchange rate registered a net change of -11.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0945 was down 12.58% compared to the 2022 peak of 0.1080, 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 472 CHF

2022 Average 498 CHF

Yearly Trough Low 398 CHF

Transaction Impact: A difference of 73.78 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0942

0.0806

JanuMarcMayJulySeptNove

NOK to CHF 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 0.0872, compared to 0.0831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0872

H2 Avg (Jul–Dec) 0.0831

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0054 CHF (High: 0.0854 / Low: 0.0800). On the other end, November was the most stable month, with a tight range of 0.0024 CHF (High: 0.0828 / Low: 0.0804).

October Spread (Volatile) ±0.0054

November Spread (Stable) ±0.0024

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 0.0027 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0931) against the same month in 2022 (average: 0.1038), the exchange rate shifted by -0.0107 (-10.30%).

2023 Avg (January) 0.0931

2022 Avg (January) 0.1038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0945	0.0913	0.0931
February	0.0917	0.0893	0.0904
March	0.0905	0.0862	0.0878
April	0.0888	0.0836	0.0856
May	0.0849	0.0810	0.0831
June	0.0850	0.0818	0.0834
July	0.0865	0.0832	0.0850
August	0.0862	0.0825	0.0839
September	0.0857	0.0830	0.0838
October	0.0854	0.0800	0.0822
November	0.0828	0.0804	0.0817
December	0.0841	0.0797	0.0822