2023 NOK to LBP Historical Review

YEARLY HIGH

1517.4502 LBP

YEARLY LOW

147.6516 LBP

YEARLY AVERAGE

1294.4556 LBP

2023 NOK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 1517.4502. Conversely, the yearly low was recorded on February 3, dropping to 147.6516.

This high-to-low spread represents a total annual volatility of 1369.7986 LBP. From a start-to-finish perspective, comparing the January average rate of 152.7362 to the December average rate of 1432.3089, the exchange rate registered a net change of 837.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1517.4502 was up 758.80% compared to the 2022 peak of 176.6946, 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 7,587,251 LBP

2022 Average 791,214 LBP

Yearly Trough Low 738,258 LBP

Transaction Impact: A difference of 6,848,993.01 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1597.2139

21.4200

JanuMarcMayJulySeptNove

NOK to LBP 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 1175.3068, compared to 1413.6045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 238.2977 points.

H1 Avg (Jan–Jun) 1175.3068

H2 Avg (Jul–Dec) 1413.6045

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1353.6020 LBP (High: 1501.2536 / Low: 147.6516). On the other end, January was the most stable month, with a tight range of 6.5227 LBP (High: 154.9088 / Low: 148.3860).

February Spread (Volatile) ±1353.6020

January Spread (Stable) ±6.5227

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 41.2771 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -41.2771

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1465.8977) against the same month in 2022 (average: 151.4474), the exchange rate shifted by +1314.4503 (+867.92%).

2023 Avg (July) 1465.8977

2022 Avg (July) 151.4474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	154.9088	148.3860	152.7362
February	1501.2536	147.6516	1233.9534
March	1459.7261	1382.8447	1430.9878
April	1478.0901	1394.2647	1436.9524
May	1451.7479	1346.4012	1395.6753
June	1446.1377	1356.9036	1401.5356
July	1517.4502	1387.4586	1465.8977
August	1491.4085	1401.2074	1438.2230
September	1418.9911	1389.5568	1403.1130
October	1404.3153	1341.1731	1365.5553
November	1415.6199	1339.3765	1376.5290
December	1489.3731	1371.2494	1432.3089