YEARLY HIGH
0.0875 NOK
YEARLY LOW
0.0770 NOK
YEARLY AVERAGE
0.0815 NOK

2024 HTG to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0875. Conversely, the yearly low was recorded on January 1, dropping to 0.0770.

This high-to-low spread represents a total annual volatility of 0.0104 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0790 to the December average rate of 0.0859, the exchange rate registered a net change of 8.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0875 was up 3.39% compared to the 2023 peak of 0.0846, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 437 NOK
2023 Average 374 NOK
Yearly Trough Low 385 NOK
Transaction Impact: A difference of 52.18 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0865
0.0783
JanuMarcMayJulySeptNove

HTG 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 0.0804, compared to 0.0826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0804
H2 Avg (Jul–Dec) 0.0826

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0047 NOK (High: 0.0840 / Low: 0.0794). On the other end, June was the most stable month, with a tight range of 0.0020 NOK (High: 0.0807 / Low: 0.0787).

August Spread (Volatile) ±0.0047
June Spread (Stable) ±0.0020

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 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0859) against the same month in 2023 (average: 0.0795), the exchange rate shifted by +0.0063 (+7.95%).

2024 Avg (December) 0.0859
2023 Avg (December) 0.0795

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0800 0.0770 0.0790
February 0.0812 0.0791 0.0799
March 0.0819 0.0786 0.0801
April 0.0838 0.0805 0.0823
May 0.0832 0.0791 0.0810
June 0.0807 0.0787 0.0800
July 0.0836 0.0796 0.0817
August 0.0840 0.0794 0.0812
September 0.0824 0.0786 0.0805
October 0.0836 0.0802 0.0821
November 0.0852 0.0827 0.0841
December 0.0875 0.0842 0.0859