2024 NAD to NOK Historical Review

YEARLY HIGH

0.6327 NOK

YEARLY LOW

0.5439 NOK

YEARLY AVERAGE

0.5872 NOK

2024 NAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.6327. Conversely, the yearly low was recorded on February 26, dropping to 0.5439.

This high-to-low spread represents a total annual volatility of 0.0888 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5536 to the December average rate of 0.6163, the exchange rate registered a net change of 11.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6327 was up 4.18% compared to the 2023 peak of 0.6073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,163 NOK

2023 Average 2,855 NOK

Yearly Trough Low 2,720 NOK

Transaction Impact: A difference of 443.90 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6226

0.5473

JanuMarcMayJulySeptNove

NAD 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 0.5685, compared to 0.6060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0376 points.

H1 Avg (Jan–Jun) 0.5685

H2 Avg (Jul–Dec) 0.6060

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0342 NOK (High: 0.5917 / Low: 0.5575). On the other end, January was the most stable month, with a tight range of 0.0158 NOK (High: 0.5647 / Low: 0.5489).

June Spread (Volatile) ±0.0342

January Spread (Stable) ±0.0158

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0080 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6163) against the same month in 2023 (average: 0.5628), the exchange rate shifted by +0.0535 (+9.51%).

2024 Avg (December) 0.6163

2023 Avg (December) 0.5628

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5647	0.5489	0.5536
February	0.5707	0.5439	0.5561
March	0.5746	0.5506	0.5631
April	0.5928	0.5685	0.5775
May	0.5921	0.5707	0.5842
June	0.5917	0.5575	0.5762
July	0.6041	0.5718	0.5921
August	0.6064	0.5855	0.5933
September	0.6140	0.5918	0.6022
October	0.6251	0.6057	0.6159
November	0.6294	0.6061	0.6163
December	0.6327	0.6035	0.6163