YEARLY HIGH
4.9265 NOK
YEARLY LOW
4.5919 NOK
YEARLY AVERAGE
4.7800 NOK

2024 FJD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 4.9265. Conversely, the yearly low was recorded on January 11, dropping to 4.5919.

This high-to-low spread represents a total annual volatility of 0.3346 NOK. From a start-to-finish perspective, comparing the January average rate of 4.6564 to the December average rate of 4.8678, the exchange rate registered a net change of 4.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.9265 was down 0.94% compared to the 2023 peak of 4.9731, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,632 NOK
2023 Average 23,680 NOK
Yearly Trough Low 22,959 NOK
Transaction Impact: A difference of 1,673.17 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.8968
4.6346
JanuMarcMayJulySeptNove

FJD 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 4.7264, compared to 4.8336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1072 points.

H1 Avg (Jan–Jun) 4.7264
H2 Avg (Jul–Dec) 4.8336

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.2205 NOK (High: 4.8727 / Low: 4.6522). On the other end, November was the most stable month, with a tight range of 0.1110 NOK (High: 4.9153 / Low: 4.8043).

May Spread (Volatile) ±0.2205
November Spread (Stable) ±0.1110

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 0.0519 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0519

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 4.8678) against the same month in 2023 (average: 4.7464), the exchange rate shifted by +0.1214 (+2.56%).

2024 Avg (December) 4.8678
2023 Avg (December) 4.7464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7068 4.5919 4.6564
February 4.7438 4.6309 4.6908
March 4.8081 4.6551 4.7150
April 4.8790 4.7571 4.8129
May 4.8727 4.6522 4.7610
June 4.7722 4.6263 4.7222
July 4.8987 4.6854 4.8116
August 4.8802 4.7425 4.7958
September 4.8864 4.7434 4.8050
October 4.9023 4.7438 4.8464
November 4.9153 4.8043 4.8750
December 4.9265 4.8018 4.8678