2023 SDG to NOK Historical Review

YEARLY HIGH

0.0196 NOK

YEARLY LOW

0.0166 NOK

YEARLY AVERAGE

0.0177 NOK

2023 SDG to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0196. Conversely, the yearly low was recorded on July 13, dropping to 0.0166.

This high-to-low spread represents a total annual volatility of 0.0030 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0172 to the December average rate of 0.0175, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0196 was down 12.86% compared to the 2022 peak of 0.0225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98 NOK

2022 Average 97 NOK

Yearly Trough Low 83 NOK

Transaction Impact: A difference of 15.18 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0184

0.0170

JanuMarcMayJulySeptNove

SDG 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 0.0177, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0177

H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0019 NOK (High: 0.0196 / Low: 0.0177). On the other end, September was the most stable month, with a tight range of 0.0003 NOK (High: 0.0180 / Low: 0.0177).

November Spread (Volatile) ±0.0019

September Spread (Stable) ±0.0003

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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0182) against the same month in 2022 (average: 0.0178), the exchange rate shifted by +0.0005 (+2.56%).

2023 Avg (November) 0.0182

2022 Avg (November) 0.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0179	0.0169	0.0172
February	0.0178	0.0169	0.0175
March	0.0184	0.0174	0.0179
April	0.0186	0.0172	0.0176
May	0.0186	0.0175	0.0180
June	0.0184	0.0175	0.0180
July	0.0179	0.0166	0.0171
August	0.0178	0.0169	0.0174
September	0.0180	0.0177	0.0178
October	0.0186	0.0178	0.0183
November	0.0196	0.0177	0.0182
December	0.0183	0.0168	0.0175