YEARLY HIGH
11.3875 XPF
YEARLY LOW
9.9431 XPF
YEARLY AVERAGE
10.4516 XPF

2023 NOK to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 11.3875. Conversely, the yearly low was recorded on May 30, dropping to 9.9431.

This high-to-low spread represents a total annual volatility of 1.4444 XPF. From a start-to-finish perspective, comparing the January average rate of 11.1457 to the December average rate of 10.3946, the exchange rate registered a net change of -6.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.3875 was down 9.84% compared to the 2022 peak of 12.6298, 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 56,938 XPF
2022 Average 59,088 XPF
Yearly Trough Low 49,716 XPF
Transaction Impact: A difference of 7,222.00 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.2487
10.0129
JanuMarcMayJulySeptNove

NOK to XPF 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 10.5468, compared to 10.3565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1903 points.

H1 Avg (Jan–Jun) 10.5468
H2 Avg (Jul–Dec) 10.3565

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.5824 XPF (High: 10.6433 / Low: 10.0609). On the other end, September was the most stable month, with a tight range of 0.2412 XPF (High: 10.5629 / Low: 10.3217).

April Spread (Volatile) ±0.5824
September Spread (Stable) ±0.2412

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 February and March, when the average rate fell by 0.3100 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 11.1457) against the same month in 2022 (average: 11.9085), the exchange rate shifted by -0.7627 (-6.40%).

2023 Avg (January) 11.1457
2022 Avg (January) 11.9085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.3875 11.0048 11.1457
February 11.0211 10.7608 10.8815
March 10.8019 10.3475 10.5715
April 10.6433 10.0609 10.3375
May 10.3566 9.9431 10.1463
June 10.3839 10.0291 10.1982
July 10.7288 10.1754 10.4984
August 10.6939 10.2756 10.4453
September 10.5629 10.3217 10.4162
October 10.5354 10.0767 10.2683
November 10.2462 9.9685 10.1159
December 10.6495 10.0820 10.3946