2023 SBD to NOK Historical Review

YEARLY HIGH

1.3419 NOK

YEARLY LOW

1.1824 NOK

YEARLY AVERAGE

1.2654 NOK

2023 SBD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 1.3419. Conversely, the yearly low was recorded on January 1, dropping to 1.1824.

This high-to-low spread represents a total annual volatility of 0.1595 NOK. From a start-to-finish perspective, comparing the January average rate of 1.2010 to the December average rate of 1.2434, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3419 was up 0.48% compared to the 2022 peak of 1.3355, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,710 NOK

2022 Average 5,906 NOK

Yearly Trough Low 5,912 NOK

Transaction Impact: A difference of 797.31 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3148

1.1907

JanuMarcMayJulySeptNove

SBD 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 1.2644, compared to 1.2665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 1.2644

H2 Avg (Jul–Dec) 1.2665

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1016 NOK (High: 1.2903 / Low: 1.1886). On the other end, September was the most stable month, with a tight range of 0.0250 NOK (High: 1.2916 / Low: 1.2666).

July Spread (Volatile) ±0.1016

September Spread (Stable) ±0.0250

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0653 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 1.2986) against the same month in 2022 (average: 1.1840), the exchange rate shifted by +0.1146 (+9.68%).

2023 Avg (May) 1.2986

2022 Avg (May) 1.1840

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2411	1.1824	1.2010
February	1.2662	1.1994	1.2447
March	1.3089	1.2558	1.2804
April	1.2851	1.2435	1.2670
May	1.3419	1.2602	1.2986
June	1.3306	1.2598	1.2947
July	1.2903	1.1886	1.2294
August	1.2818	1.2115	1.2516
September	1.2916	1.2666	1.2773
October	1.3275	1.2713	1.3045
November	1.3351	1.2517	1.2926
December	1.2965	1.1968	1.2434