2024 NOK to NPR Historical Review

YEARLY HIGH

13.1047 NPR

YEARLY LOW

11.9014 NPR

YEARLY AVERAGE

12.4514 NPR

2024 NOK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 13.1047. Conversely, the yearly low was recorded on December 19, dropping to 11.9014.

This high-to-low spread represents a total annual volatility of 1.2033 NPR. From a start-to-finish perspective, comparing the January average rate of 12.7857 to the December average rate of 12.1001, the exchange rate registered a net change of -5.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.1047 was down 2.92% compared to the 2023 peak of 13.4982, 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 65,524 NPR

2023 Average 62,587 NPR

Yearly Trough Low 59,507 NPR

Transaction Impact: A difference of 6,016.42 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.8543

12.0316

JanuMarcMayJulySeptNove

NOK to NPR 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 12.5179, compared to 12.3849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1330 points.

H1 Avg (Jan–Jun) 12.5179

H2 Avg (Jul–Dec) 12.3849

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.7209 NPR (High: 12.8324 / Low: 12.1115). On the other end, June was the most stable month, with a tight range of 0.2550 NPR (High: 12.7202 / Low: 12.4652).

August Spread (Volatile) ±0.7209

June Spread (Stable) ±0.2550

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 0.2808 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2808

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 12.7857) against the same month in 2023 (average: 13.1907), the exchange rate shifted by -0.4049 (-3.07%).

2024 Avg (January) 12.7857

2023 Avg (January) 13.1907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.1047	12.6099	12.7857
February	12.7159	12.4338	12.5888
March	12.6916	12.2810	12.5073
April	12.4606	12.0145	12.2265
May	12.7034	12.1565	12.4190
June	12.7202	12.4652	12.5800
July	12.6652	12.1440	12.3868
August	12.8324	12.1115	12.5384
September	12.8820	12.3658	12.6419
October	12.7033	12.2153	12.4282
November	12.4138	12.0629	12.2137
December	12.2840	11.9014	12.1001