2023 NOK to PLN Historical Review

YEARLY HIGH

0.4468 PLN

YEARLY LOW

0.3656 PLN

YEARLY AVERAGE

0.3981 PLN

2023 NOK to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4468. Conversely, the yearly low was recorded on December 12, dropping to 0.3656.

This high-to-low spread represents a total annual volatility of 0.0812 PLN. From a start-to-finish perspective, comparing the January average rate of 0.4368 to the December average rate of 0.3774, the exchange rate registered a net change of -13.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4468 was down 11.85% compared to the 2022 peak of 0.5068, 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 2,234 PLN

2022 Average 2,320 PLN

Yearly Trough Low 1,828 PLN

Transaction Impact: A difference of 406.16 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4431

0.3668

JanuMarcMayJulySeptNove

NOK to PLN 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 0.4093, compared to 0.3869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0224 points.

H1 Avg (Jan–Jun) 0.4093

H2 Avg (Jul–Dec) 0.3869

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0317 PLN (High: 0.4080 / Low: 0.3762). On the other end, November was the most stable month, with a tight range of 0.0104 PLN (High: 0.3789 / Low: 0.3684).

October Spread (Volatile) ±0.0317

November Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0167 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4368) against the same month in 2022 (average: 0.4545), the exchange rate shifted by -0.0177 (-3.89%).

2023 Avg (January) 0.4368

2022 Avg (January) 0.4545

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4468	0.4187	0.4368
February	0.4421	0.4271	0.4326
March	0.4264	0.4115	0.4159
April	0.4170	0.3905	0.4028
May	0.3949	0.3780	0.3865
June	0.3903	0.3761	0.3812
July	0.4000	0.3783	0.3910
August	0.3989	0.3846	0.3903
September	0.4099	0.3887	0.4016
October	0.4080	0.3762	0.3882
November	0.3789	0.3684	0.3731
December	0.3866	0.3656	0.3774