2024 RUB to NOK Historical Review

YEARLY HIGH

0.1298 NOK

YEARLY LOW

0.0978 NOK

YEARLY AVERAGE

0.1161 NOK

2024 RUB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.1298. Conversely, the yearly low was recorded on November 27, dropping to 0.0978.

This high-to-low spread represents a total annual volatility of 0.0319 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1164 to the December average rate of 0.1083, the exchange rate registered a net change of -6.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1298 was down 13.27% compared to the 2023 peak of 0.1496, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RUB based on timing:

Yearly Peak High 649 NOK

2023 Average 624 NOK

Yearly Trough Low 489 NOK

Transaction Impact: A difference of 159.63 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1252

0.1068

JanuMarcMayJulySeptNove

RUB 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 0.1171, compared to 0.1151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1171

H2 Avg (Jul–Dec) 0.1151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0170 NOK (High: 0.1148 / Low: 0.0978). On the other end, March was the most stable month, with a tight range of 0.0029 NOK (High: 0.1173 / Low: 0.1144).

November Spread (Volatile) ±0.0170

March Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0041 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.1237) against the same month in 2023 (average: 0.1135), the exchange rate shifted by +0.0101 (+8.93%).

2024 Avg (July) 0.1237

2023 Avg (July) 0.1135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1196	0.1124	0.1164
February	0.1181	0.1112	0.1149
March	0.1173	0.1144	0.1156
April	0.1198	0.1148	0.1173
May	0.1194	0.1162	0.1179
June	0.1266	0.1161	0.1205
July	0.1298	0.1188	0.1237
August	0.1296	0.1144	0.1204
September	0.1216	0.1113	0.1163
October	0.1148	0.1106	0.1125
November	0.1148	0.0978	0.1096
December	0.1143	0.1001	0.1083