2023 YER to NOK Historical Review

YEARLY HIGH

0.0448 NOK

YEARLY LOW

0.0391 NOK

YEARLY AVERAGE

0.0422 NOK

2023 YER to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.0448. Conversely, the yearly low was recorded on January 1, dropping to 0.0391.

This high-to-low spread represents a total annual volatility of 0.0057 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0397 to the December average rate of 0.0420, the exchange rate registered a net change of 5.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0448 was up 3.08% compared to the 2022 peak of 0.0435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 224 NOK

2022 Average 192 NOK

Yearly Trough Low 196 NOK

Transaction Impact: A difference of 28.64 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0444

0.0392

JanuMarcMayJulySeptNove

YER 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 0.0418, compared to 0.0426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0418

H2 Avg (Jul–Dec) 0.0426

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0035 NOK (High: 0.0438 / Low: 0.0404). On the other end, September was the most stable month, with a tight range of 0.0007 NOK (High: 0.0433 / Low: 0.0425).

December Spread (Volatile) ±0.0035

September Spread (Stable) ±0.0007

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 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0436) against the same month in 2022 (average: 0.0404), the exchange rate shifted by +0.0032 (+7.81%).

2023 Avg (November) 0.0436

2022 Avg (November) 0.0404

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0410	0.0391	0.0397
February	0.0417	0.0395	0.0409
March	0.0430	0.0414	0.0421
April	0.0426	0.0411	0.0420
May	0.0447	0.0420	0.0432
June	0.0443	0.0419	0.0431
July	0.0430	0.0397	0.0411
August	0.0429	0.0405	0.0418
September	0.0433	0.0425	0.0429
October	0.0448	0.0428	0.0439
November	0.0448	0.0424	0.0436
December	0.0438	0.0404	0.0420