2024 CHF to NOK Historical Review

YEARLY HIGH

12.8666 NOK

YEARLY LOW

11.4786 NOK

YEARLY AVERAGE

12.2154 NOK

2024 CHF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 12.8666. Conversely, the yearly low was recorded on May 27, dropping to 11.4786.

This high-to-low spread represents a total annual volatility of 1.3880 NOK. From a start-to-finish perspective, comparing the January average rate of 12.1184 to the December average rate of 12.5916, the exchange rate registered a net change of 3.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.8666 was up 2.55% compared to the 2023 peak of 12.5472, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,333 NOK

2023 Average 58,811 NOK

Yearly Trough Low 57,393 NOK

Transaction Impact: A difference of 6,939.80 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.6691

11.7386

JanuMarcMayJulySeptNove

CHF 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 11.9610, compared to 12.4698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5087 points.

H1 Avg (Jan–Jun) 11.9610

H2 Avg (Jul–Dec) 12.4698

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.8081 NOK (High: 12.5241 / Low: 11.7160). On the other end, January was the most stable month, with a tight range of 0.1813 NOK (High: 12.2220 / Low: 12.0406).

July Spread (Volatile) ±0.8081

January Spread (Stable) ±0.1813

Growth Streaks & Declines

Trends

Between May and October, 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 April and May, when the average rate fell by 0.1694 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1694

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12.4766) against the same month in 2023 (average: 11.9206), the exchange rate shifted by +0.5560 (+4.66%).

2024 Avg (August) 12.4766

2023 Avg (August) 11.9206

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2220	12.0406	12.1184
February	12.2812	11.8633	12.0318
March	12.0405	11.8544	11.9445
April	12.1194	11.7984	11.9856
May	12.0706	11.4786	11.8162
June	11.9893	11.6415	11.8698
July	12.5241	11.7160	12.1090
August	12.8666	12.2257	12.4766
September	12.7961	12.3243	12.5255
October	12.7348	12.4267	12.5679
November	12.8005	12.3722	12.5479
December	12.7262	12.4693	12.5916