2024 SRD to NOK Historical Review

YEARLY HIGH

0.3834 NOK

YEARLY LOW

0.2772 NOK

YEARLY AVERAGE

0.3266 NOK

2024 SRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.3834. Conversely, the yearly low was recorded on January 1, dropping to 0.2772.

This high-to-low spread represents a total annual volatility of 0.1063 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2835 to the December average rate of 0.3189, the exchange rate registered a net change of 12.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3834 was up 18.13% compared to the 2023 peak of 0.3246, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,917 NOK

2023 Average 1,446 NOK

Yearly Trough Low 1,386 NOK

Transaction Impact: A difference of 531.33 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3803

0.2747

JanuMarcMayJulySeptNove

SRD 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 0.3100, compared to 0.3431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0332 points.

H1 Avg (Jan–Jun) 0.3100

H2 Avg (Jul–Dec) 0.3431

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0363 NOK (High: 0.3814 / Low: 0.3451). On the other end, January was the most stable month, with a tight range of 0.0116 NOK (High: 0.2888 / Low: 0.2772).

July Spread (Volatile) ±0.0363

January Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0242 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3715) against the same month in 2023 (average: 0.2737), the exchange rate shifted by +0.0978 (+35.75%).

2024 Avg (August) 0.3715

2023 Avg (August) 0.2737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2888	0.2772	0.2835
February	0.3009	0.2841	0.2919
March	0.3100	0.2937	0.3014
April	0.3288	0.3060	0.3152
May	0.3363	0.3227	0.3293
June	0.3482	0.3242	0.3387
July	0.3814	0.3451	0.3639
August	0.3834	0.3629	0.3715
September	0.3736	0.3416	0.3574
October	0.3460	0.3190	0.3332
November	0.3219	0.3084	0.3140
December	0.3251	0.3123	0.3189