2023 NOK to WST Historical Review

YEARLY HIGH

0.2772 WST

YEARLY LOW

0.2437 WST

YEARLY AVERAGE

0.2589 WST

2023 NOK to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2772. Conversely, the yearly low was recorded on May 30, dropping to 0.2437.

This high-to-low spread represents a total annual volatility of 0.0335 WST. From a start-to-finish perspective, comparing the January average rate of 0.2718 to the December average rate of 0.2665, the exchange rate registered a net change of -1.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2772 was down 8.73% compared to the 2022 peak of 0.3037, 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 1,386 WST

2022 Average 1,395 WST

Yearly Trough Low 1,219 WST

Transaction Impact: A difference of 167.39 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2740

0.2478

JanuMarcMayJulySeptNove

NOK to WST 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 0.2592, compared to 0.2586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.2592

H2 Avg (Jul–Dec) 0.2586

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0221 WST (High: 0.2772 / Low: 0.2551). On the other end, September was the most stable month, with a tight range of 0.0044 WST (High: 0.2554 / Low: 0.2511).

December Spread (Volatile) ±0.0221

September Spread (Stable) ±0.0044

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 0.0085 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2665) against the same month in 2022 (average: 0.2736), the exchange rate shifted by -0.0071 (-2.59%).

2023 Avg (December) 0.2665

2022 Avg (December) 0.2736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2756	0.2630	0.2718
February	0.2728	0.2584	0.2633
March	0.2603	0.2507	0.2561
April	0.2651	0.2553	0.2594
May	0.2595	0.2437	0.2521
June	0.2596	0.2457	0.2526
July	0.2740	0.2533	0.2651
August	0.2681	0.2534	0.2596
September	0.2554	0.2511	0.2534
October	0.2535	0.2458	0.2500
November	0.2639	0.2495	0.2569
December	0.2772	0.2551	0.2665