2024 NOK to PYG Historical Review

YEARLY HIGH

749.0237 PYG

YEARLY LOW

668.8750 PYG

YEARLY AVERAGE

702.9764 PYG

2024 NOK to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 749.0237. Conversely, the yearly low was recorded on April 18, dropping to 668.8750.

This high-to-low spread represents a total annual volatility of 80.1486 PYG. From a start-to-finish perspective, comparing the January average rate of 700.2491 to the December average rate of 695.1573, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 749.0237 was down 1.20% compared to the 2023 peak of 758.1139, 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 3,745,118 PYG

2023 Average 3,453,771 PYG

Yearly Trough Low 3,344,375 PYG

Transaction Impact: A difference of 400,743.23 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

736.9871

672.7870

JanuMarcMayJulySeptNove

NOK to PYG 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 694.2918, compared to 711.6609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.3691 points.

H1 Avg (Jan–Jun) 694.2918

H2 Avg (Jul–Dec) 711.6609

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 45.7733 PYG (High: 730.4512 / Low: 684.6779). On the other end, June was the most stable month, with a tight range of 17.4069 PYG (High: 719.7804 / Low: 702.3735).

August Spread (Volatile) ±45.7733

June Spread (Stable) ±17.4069

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 October and November, when the average rate fell by 19.3649 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -19.3649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 731.6370) against the same month in 2023 (average: 678.1106), the exchange rate shifted by +53.5265 (+7.89%).

2024 Avg (September) 731.6370

2023 Avg (September) 678.1106

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	717.2452	691.0158	700.2491
February	698.2573	680.1573	690.5452
March	700.0218	678.8419	689.0365
April	690.4020	668.8750	678.1370
May	717.6084	679.0525	698.4427
June	719.7804	702.3735	709.3405
July	714.1963	686.2799	699.3515
August	730.4512	684.6779	708.7050
September	749.0237	711.3925	731.6370
October	736.5206	717.6607	727.2398
November	716.0686	697.9812	707.8749
December	709.2147	682.9002	695.1573