2024 DJF to NOK Historical Review

YEARLY HIGH

0.0643 NOK

YEARLY LOW

0.0573 NOK

YEARLY AVERAGE

0.0605 NOK

2024 DJF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0643. Conversely, the yearly low was recorded on January 1, dropping to 0.0573.

This high-to-low spread represents a total annual volatility of 0.0071 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0585 to the December average rate of 0.0631, the exchange rate registered a net change of 8.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0643 was up 1.86% compared to the 2023 peak of 0.0632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 322 NOK

2023 Average 297 NOK

Yearly Trough Low 286 NOK

Transaction Impact: A difference of 35.32 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0636

0.0580

JanuMarcMayJulySeptNove

DJF 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 0.0598, compared to 0.0611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0598

H2 Avg (Jul–Dec) 0.0611

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0032 NOK (High: 0.0620 / Low: 0.0589). On the other end, February was the most stable month, with a tight range of 0.0014 NOK (High: 0.0601 / Low: 0.0586).

August Spread (Volatile) ±0.0032

February Spread (Stable) ±0.0014

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0631) against the same month in 2023 (average: 0.0590), the exchange rate shifted by +0.0041 (+6.94%).

2024 Avg (December) 0.0631

2023 Avg (December) 0.0590

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0592	0.0573	0.0585
February	0.0601	0.0586	0.0593
March	0.0610	0.0586	0.0597
April	0.0625	0.0600	0.0613
May	0.0621	0.0590	0.0605
June	0.0602	0.0588	0.0597
July	0.0620	0.0593	0.0607
August	0.0620	0.0589	0.0602
September	0.0611	0.0585	0.0596
October	0.0619	0.0595	0.0609
November	0.0628	0.0612	0.0621
December	0.0643	0.0621	0.0631