2023 PLN to NOK Historical Review

YEARLY HIGH

2.7355 NOK

YEARLY LOW

2.2381 NOK

YEARLY AVERAGE

2.5184 NOK

2023 PLN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 2.7355. Conversely, the yearly low was recorded on January 1, dropping to 2.2381.

This high-to-low spread represents a total annual volatility of 0.4973 NOK. From a start-to-finish perspective, comparing the January average rate of 2.2900 to the December average rate of 2.6510, the exchange rate registered a net change of 15.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7355 was up 20.96% compared to the 2022 peak of 2.2614, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 54,710 NOK

2022 Average 43,150 NOK

Yearly Trough Low 44,763 NOK

Transaction Impact: A difference of 9,946.59 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7191

2.2510

JanuMarcMayJulySeptNove

PLN 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 2.4502, compared to 2.5867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1365 points.

H1 Avg (Jan–Jun) 2.4502

H2 Avg (Jul–Dec) 2.5867

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.2068 NOK (High: 2.6579 / Low: 2.4512). On the other end, November was the most stable month, with a tight range of 0.0747 NOK (High: 2.7141 / Low: 2.6394).

October Spread (Volatile) ±0.2068

November Spread (Stable) ±0.0747

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0724 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0724

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.6510) against the same month in 2022 (average: 2.2346), the exchange rate shifted by +0.4164 (+18.64%).

2023 Avg (December) 2.6510

2022 Avg (December) 2.2346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3881	2.2381	2.2900
February	2.3414	2.2617	2.3117
March	2.4304	2.3453	2.4046
April	2.5608	2.3982	2.4835
May	2.6455	2.5326	2.5875
June	2.6588	2.5620	2.6238
July	2.6437	2.5002	2.5585
August	2.5999	2.5071	2.5627
September	2.5726	2.4397	2.4903
October	2.6579	2.4512	2.5776
November	2.7141	2.6394	2.6801
December	2.7355	2.5869	2.6510