2023 NOK to PYG Historical Review

YEARLY HIGH

758.1139 PYG

YEARLY LOW

645.0239 PYG

YEARLY AVERAGE

690.7976 PYG

2023 NOK to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 758.1139. Conversely, the yearly low was recorded on May 30, dropping to 645.0239.

This high-to-low spread represents a total annual volatility of 113.0901 PYG. From a start-to-finish perspective, comparing the January average rate of 743.2453 to the December average rate of 700.2340, the exchange rate registered a net change of -5.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 758.1139 was down 6.61% compared to the 2022 peak of 811.7296, 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 3,790,570 PYG

2022 Average 3,642,502 PYG

Yearly Trough Low 3,225,119 PYG

Transaction Impact: A difference of 565,450.38 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

750.9499

658.4946

JanuMarcMayJulySeptNove

NOK to PYG 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 692.9524, compared to 688.6428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3095 points.

H1 Avg (Jan–Jun) 692.9524

H2 Avg (Jul–Dec) 688.6428

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 59.0176 PYG (High: 730.6559 / Low: 671.6383). On the other end, September was the most stable month, with a tight range of 12.5690 PYG (High: 684.9806 / Low: 672.4115).

July Spread (Volatile) ±59.0176

September Spread (Stable) ±12.5690

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 30.6601 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -30.6601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 743.2453) against the same month in 2022 (average: 786.8591), the exchange rate shifted by -43.6138 (-5.54%).

2023 Avg (January) 743.2453

2022 Avg (January) 786.8591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	758.1139	713.8157	743.2453
February	742.7994	700.0974	712.5852
March	701.4431	664.3411	682.3253
April	698.1040	669.8353	681.4200
May	684.4431	645.0239	666.1992
June	689.4197	652.3004	671.9392
July	730.6559	671.6383	706.6747
August	718.8868	678.4050	694.5312
September	684.9806	672.4115	678.1106
October	682.1492	661.5719	670.0879
November	701.0258	662.4273	682.2188
December	727.4199	671.4138	700.2340