2024 NOK to PLN Historical Review

YEARLY HIGH

0.4524 PLN

YEARLY LOW

0.3570 PLN

YEARLY AVERAGE

0.3704 PLN

2024 NOK to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4524. Conversely, the yearly low was recorded on August 5, dropping to 0.3570.

This high-to-low spread represents a total annual volatility of 0.0953 PLN. From a start-to-finish perspective, comparing the January average rate of 0.3866 to the December average rate of 0.3630, the exchange rate registered a net change of -6.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4524 was up 1.25% compared to the 2023 peak of 0.4468, 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 2,262 PLN

2023 Average 1,990 PLN

Yearly Trough Low 1,785 PLN

Transaction Impact: A difference of 476.64 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3889

0.3605

JanuMarcMayJulySeptNove

NOK to PLN 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 0.3758, compared to 0.3650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.3758

H2 Avg (Jul–Dec) 0.3650

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0715 PLN (High: 0.4524 / Low: 0.3809). On the other end, October was the most stable month, with a tight range of 0.0075 PLN (High: 0.3701 / Low: 0.3626).

January Spread (Volatile) ±0.0715

October Spread (Stable) ±0.0075

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 June and July, when the average rate fell by 0.0129 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3866) against the same month in 2023 (average: 0.4368), the exchange rate shifted by -0.0502 (-11.49%).

2024 Avg (January) 0.3866

2023 Avg (January) 0.4368

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4524	0.3809	0.3866
February	0.3854	0.3760	0.3798
March	0.3787	0.3670	0.3733
April	0.3746	0.3648	0.3680
May	0.3748	0.3648	0.3688
June	0.3833	0.3725	0.3783
July	0.3776	0.3571	0.3654
August	0.3682	0.3570	0.3638
September	0.3667	0.3573	0.3629
October	0.3701	0.3626	0.3660
November	0.3761	0.3636	0.3690
December	0.3693	0.3590	0.3630