YEARLY HIGH
0.9849 TJS
YEARLY LOW
0.7905 TJS
YEARLY AVERAGE
0.9329 TJS

2016 NOK to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.9849. Conversely, the yearly low was recorded on January 1, dropping to 0.7905.

This high-to-low spread represents a total annual volatility of 0.1944 TJS. From a start-to-finish perspective, comparing the January average rate of 0.8383 to the December average rate of 0.9188, the exchange rate registered a net change of 9.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9849 was up 14.66% compared to the 2015 peak of 0.8590, 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 4,925 TJS
2015 Average 3,813 TJS
Yearly Trough Low 3,952 TJS
Transaction Impact: A difference of 972.23 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9770
0.8257
JanuMarcMayJulySeptNove

NOK to TJS 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 0.9235, compared to 0.9423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.9235
H2 Avg (Jul–Dec) 0.9423

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1126 TJS (High: 0.9030 / Low: 0.7905). On the other end, February was the most stable month, with a tight range of 0.0195 TJS (High: 0.9197 / Low: 0.9002).

January Spread (Volatile) ±0.1126
February Spread (Stable) ±0.0195

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 October and November, when the average rate fell by 0.0289 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.9644) against the same month in 2015 (average: 0.7905), the exchange rate shifted by +0.1738 (+21.99%).

2016 Avg (October) 0.9644
2015 Avg (October) 0.7905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9030 0.7905 0.8383
February 0.9197 0.9002 0.9131
March 0.9497 0.9080 0.9295
April 0.9762 0.9445 0.9566
May 0.9805 0.9402 0.9555
June 0.9706 0.9211 0.9480
July 0.9477 0.9179 0.9293
August 0.9632 0.9246 0.9474
September 0.9844 0.9421 0.9584
October 0.9849 0.9514 0.9644
November 0.9650 0.9155 0.9354
December 0.9420 0.9027 0.9188