2024 PLN to NOK Historical Review

YEARLY HIGH

2.8008 NOK

YEARLY LOW

2.2106 NOK

YEARLY AVERAGE

2.7011 NOK

2024 PLN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 2.8008. Conversely, the yearly low was recorded on January 1, dropping to 2.2106.

This high-to-low spread represents a total annual volatility of 0.5902 NOK. From a start-to-finish perspective, comparing the January average rate of 2.5891 to the December average rate of 2.7547, the exchange rate registered a net change of 6.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8008 was up 2.39% compared to the 2023 peak of 2.7355, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 56,017 NOK

2023 Average 50,392 NOK

Yearly Trough Low 44,212 NOK

Transaction Impact: A difference of 11,804.63 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7723

2.5725

JanuMarcMayJulySeptNove

PLN to NOK 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 2.6623, compared to 2.7398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0775 points.

H1 Avg (Jan–Jun) 2.6623

H2 Avg (Jul–Dec) 2.7398

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.4148 NOK (High: 2.6254 / Low: 2.2106). On the other end, October was the most stable month, with a tight range of 0.0562 NOK (High: 2.7581 / Low: 2.7019).

January Spread (Volatile) ±0.4148

October Spread (Stable) ±0.0562

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0678 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.7488) against the same month in 2023 (average: 2.5627), the exchange rate shifted by +0.1861 (+7.26%).

2024 Avg (August) 2.7488

2023 Avg (August) 2.5627

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6254	2.2106	2.5891
February	2.6598	2.5946	2.6333
March	2.7249	2.6408	2.6789
April	2.7414	2.6693	2.7175
May	2.7413	2.6679	2.7114
June	2.6843	2.6091	2.6436
July	2.8003	2.6486	2.7372
August	2.8008	2.7162	2.7488
September	2.7984	2.7269	2.7557
October	2.7581	2.7019	2.7324
November	2.7500	2.6592	2.7102
December	2.7858	2.7077	2.7547