2024 TWD to NOK Historical Review

YEARLY HIGH

0.3505 NOK

YEARLY LOW

0.3231 NOK

YEARLY AVERAGE

0.3350 NOK

2024 TWD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.3505. Conversely, the yearly low was recorded on June 2, dropping to 0.3231.

This high-to-low spread represents a total annual volatility of 0.0274 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3334 to the December average rate of 0.3448, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3505 was down 4.16% compared to the 2023 peak of 0.3657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,753 NOK

2023 Average 1,696 NOK

Yearly Trough Low 1,616 NOK

Transaction Impact: A difference of 136.97 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3465

0.3260

JanuMarcMayJulySeptNove

TWD 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 0.3336, compared to 0.3364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.3336

H2 Avg (Jul–Dec) 0.3364

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0158 NOK (High: 0.3394 / Low: 0.3236). On the other end, January was the most stable month, with a tight range of 0.0055 NOK (High: 0.3365 / Low: 0.3309).

May Spread (Volatile) ±0.0158

January Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0049 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3448) against the same month in 2023 (average: 0.3369), the exchange rate shifted by +0.0079 (+2.34%).

2024 Avg (December) 0.3448

2023 Avg (December) 0.3369

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3365	0.3309	0.3334
February	0.3410	0.3330	0.3357
March	0.3395	0.3307	0.3351
April	0.3422	0.3328	0.3372
May	0.3394	0.3236	0.3326
June	0.3308	0.3231	0.3277
July	0.3376	0.3233	0.3309
August	0.3364	0.3281	0.3319
September	0.3381	0.3269	0.3320
October	0.3450	0.3301	0.3373
November	0.3464	0.3382	0.3417
December	0.3505	0.3403	0.3448