YEARLY HIGH
10.6159 XPF
YEARLY LOW
9.9074 XPF
YEARLY AVERAGE
10.2598 XPF

2024 NOK to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 10.6159. Conversely, the yearly low was recorded on August 5, dropping to 9.9074.

This high-to-low spread represents a total annual volatility of 0.7085 XPF. From a start-to-finish perspective, comparing the January average rate of 10.5177 to the December average rate of 10.1469, the exchange rate registered a net change of -3.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.6159 was down 6.78% compared to the 2023 peak of 11.3875, 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 53,079 XPF
2023 Average 52,251 XPF
Yearly Trough Low 49,537 XPF
Transaction Impact: A difference of 3,542.40 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.5578
10.0763
JanuMarcMayJulySeptNove

NOK to XPF 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 10.3771, compared to 10.1425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2345 points.

H1 Avg (Jan–Jun) 10.3771
H2 Avg (Jul–Dec) 10.1425

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.5214 XPF (High: 10.4774 / Low: 9.9560). On the other end, January was the most stable month, with a tight range of 0.1992 XPF (High: 10.6159 / Low: 10.4167).

July Spread (Volatile) ±0.5214
January Spread (Stable) ±0.1992

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 0.2606 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 10.5177) against the same month in 2023 (average: 11.1457), the exchange rate shifted by -0.6280 (-5.63%).

2024 Avg (January) 10.5177
2023 Avg (January) 11.1457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6159 10.4167 10.5177
February 10.5977 10.3886 10.4784
March 10.4773 10.1907 10.3408
April 10.3105 10.0620 10.2043
May 10.4797 10.0899 10.2755
June 10.5725 10.3124 10.4457
July 10.4774 9.9560 10.1851
August 10.2532 9.9074 10.1192
September 10.2586 9.9725 10.1247
October 10.2162 9.9696 10.1165
November 10.3448 9.9189 10.1629
December 10.2680 10.0453 10.1469