YEARLY HIGH
0.0945 NOK
YEARLY LOW
0.0829 NOK
YEARLY AVERAGE
0.0890 NOK

2023 VUV to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.0945. Conversely, the yearly low was recorded on January 1, dropping to 0.0829.

This high-to-low spread represents a total annual volatility of 0.0116 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0841 to the December average rate of 0.0886, the exchange rate registered a net change of 5.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0945 was up 4.63% compared to the 2022 peak of 0.0903, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 473 NOK
2022 Average 411 NOK
Yearly Trough Low 415 NOK
Transaction Impact: A difference of 58.01 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0935
0.0832
JanuMarcMayJulySeptNove

VUV 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 0.0883, compared to 0.0897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0883
H2 Avg (Jul–Dec) 0.0897

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0074 NOK (High: 0.0924 / Low: 0.0851). On the other end, September was the most stable month, with a tight range of 0.0016 NOK (High: 0.0912 / Low: 0.0896).

December Spread (Volatile) ±0.0074
September Spread (Stable) ±0.0016

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 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0918) against the same month in 2022 (average: 0.0823), the exchange rate shifted by +0.0095 (+11.60%).

2023 Avg (November) 0.0918
2022 Avg (November) 0.0823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0869 0.0829 0.0841
February 0.0884 0.0838 0.0868
March 0.0911 0.0878 0.0892
April 0.0897 0.0864 0.0883
May 0.0940 0.0883 0.0909
June 0.0932 0.0882 0.0907
July 0.0905 0.0836 0.0865
August 0.0904 0.0854 0.0882
September 0.0912 0.0896 0.0904
October 0.0944 0.0903 0.0927
November 0.0945 0.0894 0.0918
December 0.0924 0.0851 0.0886