2023 NOK to VUV Historical Review

YEARLY HIGH

12.0594 VUV

YEARLY LOW

10.5792 VUV

YEARLY AVERAGE

11.2452 VUV

2023 NOK to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 12.0594. Conversely, the yearly low was recorded on November 9, dropping to 10.5792.

This high-to-low spread represents a total annual volatility of 1.4802 VUV. From a start-to-finish perspective, comparing the January average rate of 11.8939 to the December average rate of 11.2985, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.0594 was down 8.62% compared to the 2022 peak of 13.1974, 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 60,297 VUV

2022 Average 60,919 VUV

Yearly Trough Low 52,896 VUV

Transaction Impact: A difference of 7,400.86 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.0039

10.6835

JanuMarcMayJulySeptNove

NOK to VUV 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 11.3303, compared to 11.1602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1700 points.

H1 Avg (Jan–Jun) 11.3303

H2 Avg (Jul–Dec) 11.1602

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.9350 VUV (High: 11.7531 / Low: 10.8181). On the other end, September was the most stable month, with a tight range of 0.1916 VUV (High: 11.1559 / Low: 10.9643).

December Spread (Volatile) ±0.9350

September Spread (Stable) ±0.1916

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 0.3736 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3736

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 11.8939) against the same month in 2022 (average: 12.7947), the exchange rate shifted by -0.9008 (-7.04%).

2023 Avg (January) 11.8939

2022 Avg (January) 12.7947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0594	11.5086	11.8939
February	11.9375	11.3071	11.5203
March	11.3897	10.9712	11.2079
April	11.5741	11.1454	11.3254
May	11.3286	10.6390	11.0072
June	11.3321	10.7246	11.0269
July	11.9611	11.0554	11.5736
August	11.7092	11.0668	11.3386
September	11.1559	10.9643	11.0659
October	11.0728	10.5930	10.7935
November	11.1913	10.5792	10.8912
December	11.7531	10.8181	11.2985