2024 FKP to NOK Historical Review

YEARLY HIGH

14.3138 NOK

YEARLY LOW

12.9632 NOK

YEARLY AVERAGE

13.7421 NOK

2024 FKP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 14.3138. Conversely, the yearly low was recorded on January 1, dropping to 12.9632.

This high-to-low spread represents a total annual volatility of 1.3505 NOK. From a start-to-finish perspective, comparing the January average rate of 13.2161 to the December average rate of 14.1892, the exchange rate registered a net change of 7.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.3138 was up 3.11% compared to the 2023 peak of 13.8814, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,569 NOK

2023 Average 65,684 NOK

Yearly Trough Low 64,816 NOK

Transaction Impact: A difference of 6,752.73 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.2865

13.1188

JanuMarcMayJulySeptNove

FKP 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 13.4564, compared to 14.0278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5713 points.

H1 Avg (Jan–Jun) 13.4564

H2 Avg (Jul–Dec) 14.0278

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.7718 NOK (High: 14.2260 / Low: 13.4542). On the other end, September was the most stable month, with a tight range of 0.2496 NOK (High: 14.1729 / Low: 13.9233).

July Spread (Volatile) ±0.7718

September Spread (Stable) ±0.2496

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 May and June, when the average rate fell by 0.0830 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0830

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 14.1892) against the same month in 2023 (average: 13.3186), the exchange rate shifted by +0.8706 (+6.54%).

2024 Avg (December) 14.1892

2023 Avg (December) 13.3186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.3833	12.9632	13.2161
February	13.4406	13.1671	13.3265
March	13.7060	13.3148	13.4904
April	13.8864	13.5162	13.6453
May	13.8323	13.3854	13.5718
June	13.6444	13.3483	13.4888
July	14.2260	13.4542	13.8961
August	14.0655	13.6823	13.8489
September	14.1729	13.9233	14.0249
October	14.2593	13.9179	14.1217
November	14.3001	13.8740	14.0858
December	14.3138	14.0194	14.1892