2023 SOS to NOK Historical Review

YEARLY HIGH

0.0197 NOK

YEARLY LOW

0.0172 NOK

YEARLY AVERAGE

0.0185 NOK

2023 SOS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.0197. Conversely, the yearly low was recorded on January 1, dropping to 0.0172.

This high-to-low spread represents a total annual volatility of 0.0025 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0175 to the December average rate of 0.0184, the exchange rate registered a net change of 5.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0197 was up 2.76% compared to the 2022 peak of 0.0191, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98 NOK

2022 Average 84 NOK

Yearly Trough Low 86 NOK

Transaction Impact: A difference of 12.34 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0195

0.0173

JanuMarcMayJulySeptNove

SOS 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 0.0184, compared to 0.0187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0184

H2 Avg (Jul–Dec) 0.0187

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0015 NOK (High: 0.0190 / Low: 0.0175). On the other end, September was the most stable month, with a tight range of 0.0004 NOK (High: 0.0190 / Low: 0.0186).

July Spread (Volatile) ±0.0015

September Spread (Stable) ±0.0004

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0190) against the same month in 2022 (average: 0.0165), the exchange rate shifted by +0.0025 (+15.03%).

2023 Avg (May) 0.0190

2022 Avg (May) 0.0165

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0180	0.0172	0.0175
February	0.0184	0.0174	0.0180
March	0.0191	0.0182	0.0186
April	0.0189	0.0181	0.0185
May	0.0197	0.0185	0.0190
June	0.0195	0.0184	0.0190
July	0.0190	0.0175	0.0181
August	0.0189	0.0178	0.0184
September	0.0190	0.0186	0.0188
October	0.0196	0.0188	0.0193
November	0.0196	0.0186	0.0191
December	0.0192	0.0177	0.0184