2024 BTN to NOK Historical Review

YEARLY HIGH

0.1344 NOK

YEARLY LOW

0.1221 NOK

YEARLY AVERAGE

0.1285 NOK

2024 BTN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1344. Conversely, the yearly low was recorded on January 1, dropping to 0.1221.

This high-to-low spread represents a total annual volatility of 0.0123 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1251 to the December average rate of 0.1322, the exchange rate registered a net change of 5.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1344 was down 0.61% compared to the 2023 peak of 0.1353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 672 NOK

2023 Average 640 NOK

Yearly Trough Low 610 NOK

Transaction Impact: A difference of 61.73 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1329

0.1244

JanuMarcMayJulySeptNove

BTN 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 0.1279, compared to 0.1292 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) 0.1279

H2 Avg (Jul–Dec) 0.1292

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0074 NOK (High: 0.1321 / Low: 0.1247). On the other end, June was the most stable month, with a tight range of 0.0026 NOK (High: 0.1283 / Low: 0.1258).

August Spread (Volatile) ±0.0074

June Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, 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 (December 2024: 0.1322) against the same month in 2023 (average: 0.1262), the exchange rate shifted by +0.0060 (+4.75%).

2024 Avg (December) 0.1322

2023 Avg (December) 0.1262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1269	0.1221	0.1251
February	0.1287	0.1258	0.1271
March	0.1303	0.1261	0.1279
April	0.1332	0.1284	0.1309
May	0.1316	0.1260	0.1289
June	0.1283	0.1258	0.1272
July	0.1318	0.1263	0.1292
August	0.1321	0.1247	0.1276
September	0.1294	0.1242	0.1266
October	0.1310	0.1260	0.1288
November	0.1326	0.1289	0.1310
December	0.1344	0.1303	0.1322