2024 YER to NOK Historical Review

YEARLY HIGH

0.0458 NOK

YEARLY LOW

0.0407 NOK

YEARLY AVERAGE

0.0430 NOK

2024 YER to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0458. Conversely, the yearly low was recorded on January 1, dropping to 0.0407.

This high-to-low spread represents a total annual volatility of 0.0051 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0415 to the December average rate of 0.0449, the exchange rate registered a net change of 8.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0458 was up 2.13% compared to the 2023 peak of 0.0448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 229 NOK

2023 Average 211 NOK

Yearly Trough Low 204 NOK

Transaction Impact: A difference of 25.43 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0453

0.0412

JanuMarcMayJulySeptNove

YER 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 0.0425, compared to 0.0434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0425

H2 Avg (Jul–Dec) 0.0434

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0022 NOK (High: 0.0441 / Low: 0.0419). On the other end, February was the most stable month, with a tight range of 0.0010 NOK (High: 0.0427 / Low: 0.0417).

May Spread (Volatile) ±0.0022

February Spread (Stable) ±0.0010

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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0449) against the same month in 2023 (average: 0.0420), the exchange rate shifted by +0.0029 (+6.87%).

2024 Avg (December) 0.0449

2023 Avg (December) 0.0420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0420	0.0407	0.0415
February	0.0427	0.0417	0.0422
March	0.0433	0.0415	0.0424
April	0.0444	0.0426	0.0436
May	0.0441	0.0419	0.0429
June	0.0428	0.0417	0.0424
July	0.0441	0.0421	0.0431
August	0.0439	0.0418	0.0427
September	0.0434	0.0415	0.0424
October	0.0439	0.0422	0.0432
November	0.0446	0.0435	0.0442
December	0.0458	0.0441	0.0449