2024 SOS to NOK Historical Review

YEARLY HIGH

0.0200 NOK

YEARLY LOW

0.0178 NOK

YEARLY AVERAGE

0.0188 NOK

2024 SOS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0200. Conversely, the yearly low was recorded on January 1, dropping to 0.0178.

This high-to-low spread represents a total annual volatility of 0.0022 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0182 to the December average rate of 0.0197, the exchange rate registered a net change of 7.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0200 was up 1.73% compared to the 2023 peak of 0.0197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100 NOK

2023 Average 93 NOK

Yearly Trough Low 89 NOK

Transaction Impact: A difference of 11.21 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0198

0.0181

JanuMarcMayJulySeptNove

SOS 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 0.0186, compared to 0.0190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0186

H2 Avg (Jul–Dec) 0.0190

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0010 NOK (High: 0.0193 / Low: 0.0183). On the other end, February was the most stable month, with a tight range of 0.0004 NOK (High: 0.0187 / Low: 0.0183).

August Spread (Volatile) ±0.0010

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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0197) against the same month in 2023 (average: 0.0184), the exchange rate shifted by +0.0013 (+6.87%).

2024 Avg (December) 0.0197

2023 Avg (December) 0.0184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0184	0.0178	0.0182
February	0.0187	0.0183	0.0185
March	0.0190	0.0182	0.0186
April	0.0195	0.0187	0.0191
May	0.0193	0.0183	0.0188
June	0.0188	0.0183	0.0186
July	0.0193	0.0185	0.0189
August	0.0193	0.0183	0.0188
September	0.0190	0.0182	0.0186
October	0.0193	0.0185	0.0189
November	0.0195	0.0190	0.0193
December	0.0200	0.0193	0.0197