2024 NOK to TTD Historical Review

YEARLY HIGH

0.6683 TTD

YEARLY LOW

0.5942 TTD

YEARLY AVERAGE

0.6314 TTD

2024 NOK to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6683. Conversely, the yearly low was recorded on December 19, dropping to 0.5942.

This high-to-low spread represents a total annual volatility of 0.0740 TTD. From a start-to-finish perspective, comparing the January average rate of 0.6525 to the December average rate of 0.6042, the exchange rate registered a net change of -7.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6683 was down 3.75% compared to the 2023 peak of 0.6943, 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 3,341 TTD

2023 Average 3,216 TTD

Yearly Trough Low 2,971 TTD

Transaction Impact: A difference of 370.12 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6573

0.5994

JanuMarcMayJulySeptNove

NOK to TTD 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 0.6381, compared to 0.6247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.6381

H2 Avg (Jul–Dec) 0.6247

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0369 TTD (High: 0.6491 / Low: 0.6122). On the other end, February was the most stable month, with a tight range of 0.0142 TTD (High: 0.6497 / Low: 0.6355).

August Spread (Volatile) ±0.0369

February Spread (Stable) ±0.0142

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 0.0175 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6525) against the same month in 2023 (average: 0.6842), the exchange rate shifted by -0.0317 (-4.63%).

2024 Avg (January) 0.6525

2023 Avg (January) 0.6842

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6683	0.6431	0.6525
February	0.6497	0.6355	0.6435
March	0.6513	0.6254	0.6393
April	0.6355	0.6107	0.6219
May	0.6474	0.6156	0.6318
June	0.6490	0.6322	0.6394
July	0.6417	0.6155	0.6282
August	0.6491	0.6122	0.6340
September	0.6548	0.6239	0.6401
October	0.6411	0.6167	0.6274
November	0.6237	0.6081	0.6144
December	0.6142	0.5942	0.6042