2023 NOK to TTD Historical Review

YEARLY HIGH

0.6943 TTD

YEARLY LOW

0.6052 TTD

YEARLY AVERAGE

0.6432 TTD

2023 NOK to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6943. Conversely, the yearly low was recorded on November 9, dropping to 0.6052.

This high-to-low spread represents a total annual volatility of 0.0890 TTD. From a start-to-finish perspective, comparing the January average rate of 0.6842 to the December average rate of 0.6470, the exchange rate registered a net change of -5.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6943 was down 12.39% compared to the 2022 peak of 0.7925, 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 3,471 TTD

2022 Average 3,544 TTD

Yearly Trough Low 3,026 TTD

Transaction Impact: A difference of 445.20 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6909

0.6099

JanuMarcMayJulySeptNove

NOK to TTD 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 0.6487, compared to 0.6376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.6487

H2 Avg (Jul–Dec) 0.6376

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0552 TTD (High: 0.6822 / Low: 0.6269). On the other end, September was the most stable month, with a tight range of 0.0111 TTD (High: 0.6375 / Low: 0.6264).

July Spread (Volatile) ±0.0552

September Spread (Stable) ±0.0111

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 0.0214 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6842) against the same month in 2022 (average: 0.7671), the exchange rate shifted by -0.0829 (-10.81%).

2023 Avg (January) 0.6842

2022 Avg (January) 0.7671

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6943	0.6615	0.6842
February	0.6863	0.6498	0.6627
March	0.6540	0.6252	0.6435
April	0.6605	0.6282	0.6455
May	0.6468	0.6071	0.6277
June	0.6465	0.6118	0.6287
July	0.6822	0.6269	0.6597
August	0.6689	0.6329	0.6481
September	0.6375	0.6264	0.6321
October	0.6343	0.6063	0.6167
November	0.6391	0.6052	0.6221
December	0.6734	0.6190	0.6470