2024 ARS to NOK Historical Review

YEARLY HIGH

0.0129 NOK

YEARLY LOW

0.0108 NOK

YEARLY AVERAGE

0.0118 NOK

2024 ARS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0129. Conversely, the yearly low was recorded on September 24, dropping to 0.0108.

This high-to-low spread represents a total annual volatility of 0.0021 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0127 to the December average rate of 0.0110, the exchange rate registered a net change of -13.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0129 was down 77.50% compared to the 2023 peak of 0.0573, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 NOK

2023 Average 201 NOK

Yearly Trough Low 54 NOK

Transaction Impact: A difference of 10.66 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0129

0.0108

JanuMarcMayJulySeptNove

ARS 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 0.0124, compared to 0.0112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0124

H2 Avg (Jul–Dec) 0.0112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0009 NOK (High: 0.0126 / Low: 0.0117). On the other end, October was the most stable month, with a tight range of 0.0003 NOK (High: 0.0112 / Low: 0.0109).

May Spread (Volatile) ±0.0009

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0126) against the same month in 2023 (average: 0.0534), the exchange rate shifted by -0.0408 (-76.33%).

2024 Avg (February) 0.0126

2023 Avg (February) 0.0534

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0129	0.0126	0.0127
February	0.0129	0.0125	0.0126
March	0.0127	0.0123	0.0125
April	0.0127	0.0123	0.0126
May	0.0126	0.0117	0.0121
June	0.0119	0.0116	0.0117
July	0.0119	0.0115	0.0117
August	0.0119	0.0110	0.0114
September	0.0113	0.0108	0.0110
October	0.0112	0.0109	0.0111
November	0.0112	0.0109	0.0111
December	0.0112	0.0109	0.0110