2024 NOK to GYD Historical Review

YEARLY HIGH

20.6152 GYD

YEARLY LOW

18.2894 GYD

YEARLY AVERAGE

19.4667 GYD

2024 NOK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 20.6152. Conversely, the yearly low was recorded on December 19, dropping to 18.2894.

This high-to-low spread represents a total annual volatility of 2.3258 GYD. From a start-to-finish perspective, comparing the January average rate of 20.1245 to the December average rate of 18.6215, the exchange rate registered a net change of -7.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.6152 was down 3.72% compared to the 2023 peak of 21.4121, 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 103,076 GYD

2023 Average 99,589 GYD

Yearly Trough Low 91,447 GYD

Transaction Impact: A difference of 11,629.14 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.2748

18.4712

JanuMarcMayJulySeptNove

NOK to GYD 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 19.6766, compared to 19.2568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4198 points.

H1 Avg (Jan–Jun) 19.6766

H2 Avg (Jul–Dec) 19.2568

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.1435 GYD (High: 20.4231 / Low: 19.2796). On the other end, February was the most stable month, with a tight range of 0.4470 GYD (High: 20.0327 / Low: 19.5857).

March Spread (Volatile) ±1.1435

February Spread (Stable) ±0.4470

Growth Streaks & Declines

Trends

Between April and June, 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 0.5366 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 20.1245) against the same month in 2023 (average: 21.1286), the exchange rate shifted by -1.0041 (-4.75%).

2024 Avg (January) 20.1245

2023 Avg (January) 21.1286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.6152	19.8558	20.1245
February	20.0327	19.5857	19.8389
March	20.4231	19.2796	19.7221
April	19.6224	18.8341	19.1855
May	19.9674	18.9693	19.4796
June	20.0177	19.5367	19.7092
July	19.8290	18.9669	19.3756
August	19.9984	18.9123	19.5431
September	20.1346	19.2608	19.7247
October	19.7674	19.0044	19.3388
November	19.2372	18.7124	18.9371
December	18.9688	18.2894	18.6215