2024 GYD to NOK Historical Review

YEARLY HIGH

0.0547 NOK

YEARLY LOW

0.0485 NOK

YEARLY AVERAGE

0.0514 NOK

2024 GYD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0547. Conversely, the yearly low was recorded on January 1, dropping to 0.0485.

This high-to-low spread represents a total annual volatility of 0.0062 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0497 to the December average rate of 0.0537, the exchange rate registered a net change of 8.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0547 was up 1.93% compared to the 2023 peak of 0.0536, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 273 NOK

2023 Average 251 NOK

Yearly Trough Low 243 NOK

Transaction Impact: A difference of 30.84 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0541

0.0493

JanuMarcMayJulySeptNove

GYD 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 0.0508, compared to 0.0520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0508

H2 Avg (Jul–Dec) 0.0520

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0029 NOK (High: 0.0519 / Low: 0.0490). On the other end, February was the most stable month, with a tight range of 0.0011 NOK (High: 0.0511 / Low: 0.0499).

March Spread (Volatile) ±0.0029

February Spread (Stable) ±0.0011

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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0537) against the same month in 2023 (average: 0.0502), the exchange rate shifted by +0.0035 (+6.99%).

2024 Avg (December) 0.0537

2023 Avg (December) 0.0502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0504	0.0485	0.0497
February	0.0511	0.0499	0.0504
March	0.0519	0.0490	0.0507
April	0.0531	0.0510	0.0521
May	0.0527	0.0501	0.0513
June	0.0512	0.0500	0.0507
July	0.0527	0.0504	0.0516
August	0.0529	0.0500	0.0512
September	0.0519	0.0497	0.0507
October	0.0526	0.0506	0.0517
November	0.0534	0.0520	0.0528
December	0.0547	0.0527	0.0537