2024 NOK to CZK Historical Review

YEARLY HIGH

2.2595 CZK

YEARLY LOW

2.0936 CZK

YEARLY AVERAGE

2.1599 CZK

2024 NOK to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 2.2595. Conversely, the yearly low was recorded on September 9, dropping to 2.0936.

This high-to-low spread represents a total annual volatility of 0.1659 CZK. From a start-to-finish perspective, comparing the January average rate of 2.1788 to the December average rate of 2.1368, the exchange rate registered a net change of -1.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2595 was down 1.84% compared to the 2023 peak of 2.3018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,297 CZK

2023 Average 10,515 CZK

Yearly Trough Low 10,468 CZK

Transaction Impact: A difference of 829.56 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2257

2.1210

JanuMarcMayJulySeptNove

NOK to CZK 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 2.1764, compared to 2.1434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0329 points.

H1 Avg (Jan–Jun) 2.1764

H2 Avg (Jul–Dec) 2.1434

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0915 CZK (High: 2.2074 / Low: 2.1159). On the other end, January was the most stable month, with a tight range of 0.0393 CZK (High: 2.2005 / Low: 2.1612).

July Spread (Volatile) ±0.0915

January Spread (Stable) ±0.0393

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0311 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.2170) against the same month in 2023 (average: 2.1633), the exchange rate shifted by +0.0536 (+2.48%).

2024 Avg (February) 2.2170

2023 Avg (February) 2.1633

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2005	2.1612	2.1788
February	2.2595	2.1714	2.2170
March	2.2272	2.1583	2.1926
April	2.1932	2.1208	2.1616
May	2.1678	2.1151	2.1375
June	2.2086	2.1303	2.1706
July	2.2074	2.1159	2.1586
August	2.1530	2.1005	2.1349
September	2.1578	2.0936	2.1297
October	2.1719	2.1152	2.1450
November	2.1970	2.1141	2.1554
December	2.1669	2.1158	2.1368