YEARLY HIGH
1.8617 LSL
YEARLY LOW
1.6465 LSL
YEARLY AVERAGE
1.7480 LSL

2023 NOK to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 1.8617. Conversely, the yearly low was recorded on November 2, dropping to 1.6465.

This high-to-low spread represents a total annual volatility of 0.2152 LSL. From a start-to-finish perspective, comparing the January average rate of 1.7234 to the December average rate of 1.7763, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8617 was up 2.66% compared to the 2022 peak of 1.8134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,308 LSL
2022 Average 8,509 LSL
Yearly Trough Low 8,232 LSL
Transaction Impact: A difference of 1,075.92 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8043
1.6973
JanuMarcMayJulySeptNove

NOK to LSL 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 1.7377, compared to 1.7583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 1.7377
H2 Avg (Jul–Dec) 1.7583

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.1281 LSL (High: 1.8617 / Low: 1.7335). On the other end, September was the most stable month, with a tight range of 0.0606 LSL (High: 1.7942 / Low: 1.7336).

August Spread (Volatile) ±0.1281
September Spread (Stable) ±0.0606

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0346 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 1.7954) against the same month in 2022 (average: 1.7165), the exchange rate shifted by +0.0789 (+4.60%).

2023 Avg (August) 1.7954
2022 Avg (August) 1.7165

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7608 1.6535 1.7234
February 1.7842 1.6771 1.7471
March 1.7653 1.6923 1.7338
April 1.7662 1.6983 1.7263
May 1.8026 1.7046 1.7608
June 1.7884 1.6924 1.7351
July 1.8179 1.7263 1.7724
August 1.8617 1.7335 1.7954
September 1.7942 1.7336 1.7672
October 1.7998 1.6814 1.7326
November 1.7690 1.6465 1.7062
December 1.8360 1.7210 1.7763