YEARLY HIGH
14.9950 NOK
YEARLY LOW
13.6313 NOK
YEARLY AVERAGE
14.2781 NOK

2024 XDR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 14.9950. Conversely, the yearly low was recorded on January 1, dropping to 13.6313.

This high-to-low spread represents a total annual volatility of 1.3637 NOK. From a start-to-finish perspective, comparing the January average rate of 13.8866 to the December average rate of 14.7309, the exchange rate registered a net change of 6.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.9950 was up 0.67% compared to the 2023 peak of 14.8952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74,975 NOK
2023 Average 70,469 NOK
Yearly Trough Low 68,157 NOK
Transaction Impact: A difference of 6,818.60 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.8153
13.8022
JanuMarcMayJulySeptNove

XDR 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 14.1039, compared to 14.4522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3483 points.

H1 Avg (Jan–Jun) 14.1039
H2 Avg (Jul–Dec) 14.4522

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.7378 NOK (High: 14.6226 / Low: 13.8848). On the other end, June was the most stable month, with a tight range of 0.3314 NOK (High: 14.1718 / Low: 13.8404).

July Spread (Volatile) ±0.7378
June Spread (Stable) ±0.3314

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 April and May, when the average rate fell by 0.2088 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.2088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 14.7309) against the same month in 2023 (average: 14.0239), the exchange rate shifted by +0.7069 (+5.04%).

2024 Avg (December) 14.7309
2023 Avg (December) 14.0239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.0894 13.6313 13.8866
February 14.2378 13.8403 14.0033
March 14.3777 13.8281 14.1187
April 14.6484 14.1523 14.4061
May 14.5394 13.8744 14.1974
June 14.1718 13.8404 14.0115
July 14.6226 13.8848 14.2786
August 14.6735 13.9900 14.2945
September 14.6547 14.0466 14.3125
October 14.6506 14.2943 14.4930
November 14.8073 14.4076 14.6038
December 14.9950 14.4894 14.7309