2024 SDG to NOK Historical Review

YEARLY HIGH

0.0193 NOK

YEARLY LOW

0.0169 NOK

YEARLY AVERAGE

0.0180 NOK

2024 SDG to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0193. Conversely, the yearly low was recorded on January 1, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0024 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0173 to the December average rate of 0.0187, the exchange rate registered a net change of 7.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0193 was down 1.29% compared to the 2023 peak of 0.0196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97 NOK

2023 Average 89 NOK

Yearly Trough Low 85 NOK

Transaction Impact: A difference of 11.98 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0188

0.0172

JanuMarcMayJulySeptNove

SDG 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 0.0179, compared to 0.0181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0179

H2 Avg (Jul–Dec) 0.0181

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0019 NOK (High: 0.0193 / Low: 0.0174). On the other end, February was the most stable month, with a tight range of 0.0004 NOK (High: 0.0178 / Low: 0.0174).

May Spread (Volatile) ±0.0019

February Spread (Stable) ±0.0004

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 April and May, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0179) against the same month in 2023 (average: 0.0180), the exchange rate shifted by -0.0001 (-0.45%).

2024 Avg (May) 0.0179

2023 Avg (May) 0.0180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0175	0.0169	0.0173
February	0.0178	0.0174	0.0176
March	0.0184	0.0173	0.0179
April	0.0190	0.0182	0.0186
May	0.0193	0.0174	0.0179
June	0.0183	0.0175	0.0179
July	0.0188	0.0175	0.0182
August	0.0183	0.0174	0.0178
September	0.0181	0.0173	0.0176
October	0.0183	0.0176	0.0180
November	0.0185	0.0181	0.0184
December	0.0190	0.0183	0.0187