2024 NOK to STD Historical Review

YEARLY HIGH

2187.6902 STD

YEARLY LOW

1947.4921 STD

YEARLY AVERAGE

2073.1501 STD

2024 NOK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2187.6902. Conversely, the yearly low was recorded on December 19, dropping to 1947.4921.

This high-to-low spread represents a total annual volatility of 240.1982 STD. From a start-to-finish perspective, comparing the January average rate of 2142.6856 to the December average rate of 1984.1433, the exchange rate registered a net change of -7.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2187.6902 was down 6.18% compared to the 2023 peak of 2331.7005, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,938,451 STD

2023 Average 10,707,916 STD

Yearly Trough Low 9,737,460 STD

Transaction Impact: A difference of 1,200,990.85 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2158.5398

1968.2891

JanuMarcMayJulySeptNove

NOK to STD 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 2095.0963, compared to 2051.2040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 43.8923 points.

H1 Avg (Jan–Jun) 2095.0963

H2 Avg (Jul–Dec) 2051.2040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 106.0906 STD (High: 2125.3472 / Low: 2019.2566). On the other end, February was the most stable month, with a tight range of 51.6040 STD (High: 2135.1515 / Low: 2083.5474).

May Spread (Volatile) ±106.0906

February Spread (Stable) ±51.6040

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 56.1928 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -56.1928

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2142.6856) against the same month in 2023 (average: 2299.7013), the exchange rate shifted by -157.0157 (-6.83%).

2024 Avg (January) 2142.6856

2023 Avg (January) 2299.7013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2187.6902	2116.5138	2142.6856
February	2135.1515	2083.5474	2112.0081
March	2142.3949	2053.3511	2099.1091
April	2087.7518	2003.9392	2042.9163
May	2125.3472	2019.2566	2074.8107
June	2132.1113	2078.5711	2099.0479
July	2114.8645	2020.0429	2064.2154
August	2129.5342	2025.8112	2083.1466
September	2143.6501	2051.9446	2100.4551
October	2107.0834	2026.1109	2058.5674
November	2049.4443	1997.7080	2016.6961
December	2018.8093	1947.4921	1984.1433

2024 NOK నుండి STD చారిత్రక సమీక్ష