2023 NPR to NOK Historical Review

YEARLY HIGH

0.0845 NOK

YEARLY LOW

0.0741 NOK

YEARLY AVERAGE

0.0800 NOK

2023 NPR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.0845. Conversely, the yearly low was recorded on January 1, dropping to 0.0741.

This high-to-low spread represents a total annual volatility of 0.0105 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0758 to the December average rate of 0.0789, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0845 was up 1.26% compared to the 2022 peak of 0.0835, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 423 NOK

2022 Average 382 NOK

Yearly Trough Low 370 NOK

Transaction Impact: A difference of 52.28 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0834

0.0751

JanuMarcMayJulySeptNove

NPR to NOK 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 0.0796, compared to 0.0803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0796

H2 Avg (Jul–Dec) 0.0803

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0073 NOK (High: 0.0824 / Low: 0.0751). On the other end, September was the most stable month, with a tight range of 0.0012 NOK (High: 0.0813 / Low: 0.0802).

July Spread (Volatile) ±0.0073

September Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0038 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0821) against the same month in 2022 (average: 0.0777), the exchange rate shifted by +0.0045 (+5.76%).

2023 Avg (May) 0.0821

2022 Avg (May) 0.0777

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0775	0.0741	0.0758
February	0.0789	0.0754	0.0775
March	0.0821	0.0784	0.0801
April	0.0826	0.0780	0.0802
May	0.0845	0.0800	0.0821
June	0.0839	0.0799	0.0821
July	0.0824	0.0751	0.0783
August	0.0812	0.0765	0.0791
September	0.0813	0.0802	0.0808
October	0.0842	0.0805	0.0827
November	0.0842	0.0796	0.0819
December	0.0822	0.0757	0.0789