YEARLY HIGH
1.1433 TJS
YEARLY LOW
0.9096 TJS
YEARLY AVERAGE
1.0407 TJS

2017 NOK to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 1.1433. Conversely, the yearly low was recorded on January 3, dropping to 0.9096.

This high-to-low spread represents a total annual volatility of 0.2337 TJS. From a start-to-finish perspective, comparing the January average rate of 0.9336 to the December average rate of 1.0610, the exchange rate registered a net change of 13.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1433 was up 16.08% compared to the 2016 peak of 0.9849, 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 5,716 TJS
2016 Average 4,664 TJS
Yearly Trough Low 4,548 TJS
Transaction Impact: A difference of 1,168.38 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1447
0.9144
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 0.9884, compared to 1.0930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1046 points.

H1 Avg (Jan–Jun) 0.9884
H2 Avg (Jul–Dec) 1.0930

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0736 TJS (High: 1.0549 / Low: 0.9813). On the other end, June was the most stable month, with a tight range of 0.0239 TJS (High: 1.0541 / Low: 1.0303).

May Spread (Volatile) ±0.0736
June Spread (Stable) ±0.0239

Growth Streaks & Declines

Trends

Between March and September, 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 September and October, when the average rate fell by 0.0248 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.1158) against the same month in 2016 (average: 0.9474), the exchange rate shifted by +0.1684 (+17.77%).

2017 Avg (August) 1.1158
2016 Avg (August) 0.9474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9585 0.9096 0.9336
February 0.9691 0.9447 0.9579
March 0.9732 0.9393 0.9577
April 1.0416 0.9702 1.0086
May 1.0549 0.9813 1.0322
June 1.0541 1.0303 1.0402
July 1.1146 1.0446 1.0781
August 1.1433 1.1045 1.1158
September 1.1425 1.1044 1.1255
October 1.1161 1.0761 1.1008
November 1.0851 1.0585 1.0768
December 1.0741 1.0466 1.0610