2024 NOK to VUV Historical Review

YEARLY HIGH

11.6565 VUV

YEARLY LOW

10.3766 VUV

YEARLY AVERAGE

11.0462 VUV

2024 NOK to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 11.6565. Conversely, the yearly low was recorded on December 19, dropping to 10.3766.

This high-to-low spread represents a total annual volatility of 1.2798 VUV. From a start-to-finish perspective, comparing the January average rate of 11.4167 to the December average rate of 10.5719, the exchange rate registered a net change of -7.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.6565 was down 3.34% compared to the 2023 peak of 12.0594, 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 58,282 VUV

2023 Average 56,224 VUV

Yearly Trough Low 51,883 VUV

Transaction Impact: A difference of 6,399.13 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.5011

10.4874

JanuMarcMayJulySeptNove

NOK to VUV 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 11.1631, compared to 10.9292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2339 points.

H1 Avg (Jan–Jun) 11.1631

H2 Avg (Jul–Dec) 10.9292

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.5653 VUV (High: 11.3243 / Low: 10.7590). On the other end, February was the most stable month, with a tight range of 0.2750 VUV (High: 11.3765 / Low: 11.1016).

May Spread (Volatile) ±0.5653

February Spread (Stable) ±0.2750

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 0.2994 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 11.4167) against the same month in 2023 (average: 11.8939), the exchange rate shifted by -0.4772 (-4.01%).

2024 Avg (January) 11.4167

2023 Avg (January) 11.8939

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6565	11.2772	11.4167
February	11.3765	11.1016	11.2532
March	11.4151	10.9407	11.1845
April	11.1240	10.6774	10.8851
May	11.3243	10.7590	11.0550
June	11.3603	11.0751	11.1842
July	11.2684	10.7632	10.9986
August	11.3466	10.7939	11.0994
September	11.4218	10.9332	11.1917
October	11.2270	10.7955	10.9685
November	10.9199	10.6442	10.7454
December	10.7566	10.3766	10.5719