2023 NOK to SLL Historical Review

YEARLY HIGH

2075.9063 SLL

YEARLY LOW

1579.5905 SLL

YEARLY AVERAGE

1806.4421 SLL

2023 NOK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2075.9063. Conversely, the yearly low was recorded on May 30, dropping to 1579.5905.

This high-to-low spread represents a total annual volatility of 496.3158 SLL. From a start-to-finish perspective, comparing the January average rate of 1779.8914 to the December average rate of 1995.6190, the exchange rate registered a net change of 12.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2075.9063 was up 14.23% compared to the 2022 peak of 1817.2793, 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 10,379,532 SLL

2022 Average 7,116,097 SLL

Yearly Trough Low 7,897,953 SLL

Transaction Impact: A difference of 2,481,579.01 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2039.5388

1597.4153

JanuMarcMayJulySeptNove

NOK to SLL 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 1688.9345, compared to 1923.9496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 235.0150 points.

H1 Avg (Jan–Jun) 1688.9345

H2 Avg (Jul–Dec) 1923.9496

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 429.7353 SLL (High: 2071.1431 / Low: 1641.4078). On the other end, September was the most stable month, with a tight range of 33.8343 SLL (High: 1970.4273 / Low: 1936.5929).

July Spread (Volatile) ±429.7353

September Spread (Stable) ±33.8343

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 55.9130 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -55.9130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1995.6190) against the same month in 2022 (average: 1789.2773), the exchange rate shifted by +206.3417 (+11.53%).

2023 Avg (December) 1995.6190

2022 Avg (December) 1789.2773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1804.6577	1722.2334	1779.8914
February	1786.4222	1692.0814	1723.9784
March	1704.4444	1641.8125	1676.7989
April	1718.4213	1654.7690	1681.5051
May	1681.9733	1579.5905	1634.2589
June	1682.4896	1592.2921	1637.1745
July	2071.1431	1641.4078	1760.7328
August	2068.1612	1954.6876	2002.6952
September	1970.4273	1936.5929	1954.5420
October	1955.7591	1871.0055	1906.4284
November	1976.6885	1868.5733	1923.6800
December	2075.9063	1910.7651	1995.6190