2024 LYD to NOK Historical Review

YEARLY HIGH

2.3398 NOK

YEARLY LOW

2.1315 NOK

YEARLY AVERAGE

2.2262 NOK

2024 LYD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.3398. Conversely, the yearly low was recorded on January 1, dropping to 2.1315.

This high-to-low spread represents a total annual volatility of 0.2083 NOK. From a start-to-finish perspective, comparing the January average rate of 2.1644 to the December average rate of 2.2954, the exchange rate registered a net change of 6.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3398 was up 0.89% compared to the 2023 peak of 2.3191, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,699 NOK

2023 Average 10,979 NOK

Yearly Trough Low 10,657 NOK

Transaction Impact: A difference of 1,041.53 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3085

2.1513

JanuMarcMayJulySeptNove

LYD 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 2.1997, compared to 2.2528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0530 points.

H1 Avg (Jan–Jun) 2.1997

H2 Avg (Jul–Dec) 2.2528

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1159 NOK (High: 2.2823 / Low: 2.1664). On the other end, November was the most stable month, with a tight range of 0.0535 NOK (High: 2.2987 / Low: 2.2452).

July Spread (Volatile) ±0.1159

November Spread (Stable) ±0.0535

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 0.0347 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.2954) against the same month in 2023 (average: 2.1872), the exchange rate shifted by +0.1082 (+4.94%).

2024 Avg (December) 2.2954

2023 Avg (December) 2.1872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1860	2.1315	2.1644
February	2.2127	2.1521	2.1804
March	2.2453	2.1511	2.2022
April	2.2816	2.2070	2.2487
May	2.2641	2.1637	2.2140
June	2.2168	2.1551	2.1889
July	2.2823	2.1664	2.2290
August	2.2862	2.1959	2.2340
September	2.2785	2.1890	2.2301
October	2.2820	2.2275	2.2564
November	2.2987	2.2452	2.2716
December	2.3398	2.2613	2.2954