YEARLY HIGH
0.1224 NOK
YEARLY LOW
0.1081 NOK
YEARLY AVERAGE
0.1156 NOK

2024 ALL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.1224. Conversely, the yearly low was recorded on January 7, dropping to 0.1081.

This high-to-low spread represents a total annual volatility of 0.0144 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1092 to the December average rate of 0.1197, the exchange rate registered a net change of 9.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1224 was up 4.98% compared to the 2023 peak of 0.1166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 612 NOK
2023 Average 527 NOK
Yearly Trough Low 540 NOK
Transaction Impact: A difference of 71.82 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1208
0.1082
JanuMarcMayJulySeptNove

ALL 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 0.1125, compared to 0.1187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.1125
H2 Avg (Jul–Dec) 0.1187

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0062 NOK (High: 0.1194 / Low: 0.1131). On the other end, January was the most stable month, with a tight range of 0.0024 NOK (High: 0.1105 / Low: 0.1081).

July Spread (Volatile) ±0.0062
January Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0017 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1198) against the same month in 2023 (average: 0.1135), the exchange rate shifted by +0.0063 (+5.52%).

2024 Avg (November) 0.1198
2023 Avg (November) 0.1135

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1105 0.1081 0.1092
February 0.1110 0.1084 0.1097
March 0.1138 0.1096 0.1116
April 0.1185 0.1128 0.1153
May 0.1177 0.1127 0.1155
June 0.1161 0.1126 0.1138
July 0.1194 0.1131 0.1168
August 0.1203 0.1165 0.1179
September 0.1203 0.1169 0.1186
October 0.1217 0.1181 0.1196
November 0.1224 0.1170 0.1198
December 0.1215 0.1180 0.1197