2024 NOK to LYD Historical Review

YEARLY HIGH

0.4692 LYD

YEARLY LOW

0.4274 LYD

YEARLY AVERAGE

0.4494 LYD

2024 NOK to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4692. Conversely, the yearly low was recorded on December 19, dropping to 0.4274.

This high-to-low spread represents a total annual volatility of 0.0418 LYD. From a start-to-finish perspective, comparing the January average rate of 0.4620 to the December average rate of 0.4357, the exchange rate registered a net change of -5.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4692 was down 4.87% compared to the 2023 peak of 0.4932, 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 2,346 LYD

2023 Average 2,279 LYD

Yearly Trough Low 2,137 LYD

Transaction Impact: A difference of 208.84 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4647

0.4331

JanuMarcMayJulySeptNove

NOK to LYD 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 0.4547, compared to 0.4440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.4547

H2 Avg (Jul–Dec) 0.4440

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0234 LYD (High: 0.4616 / Low: 0.4382). On the other end, November was the most stable month, with a tight range of 0.0104 LYD (High: 0.4454 / Low: 0.4350).

July Spread (Volatile) ±0.0234

November Spread (Stable) ±0.0104

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 0.0094 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4620) against the same month in 2023 (average: 0.4818), the exchange rate shifted by -0.0197 (-4.09%).

2024 Avg (January) 0.4620

2023 Avg (January) 0.4818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4692	0.4575	0.4620
February	0.4647	0.4519	0.4587
March	0.4649	0.4454	0.4542
April	0.4531	0.4383	0.4447
May	0.4622	0.4417	0.4517
June	0.4640	0.4511	0.4569
July	0.4616	0.4382	0.4488
August	0.4554	0.4374	0.4477
September	0.4568	0.4389	0.4484
October	0.4489	0.4382	0.4432
November	0.4454	0.4350	0.4402
December	0.4422	0.4274	0.4357