YEARLY HIGH
1.1223 TJS
YEARLY LOW
1.0458 TJS
YEARLY AVERAGE
1.0832 TJS

2019 NOK to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1.1223. Conversely, the yearly low was recorded on August 15, dropping to 1.0458.

This high-to-low spread represents a total annual volatility of 0.0766 TJS. From a start-to-finish perspective, comparing the January average rate of 1.1028 to the December average rate of 1.0744, the exchange rate registered a net change of -2.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1223 was down 3.42% compared to the 2018 peak of 1.1621, 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 5,612 TJS
2018 Average 5,621 TJS
Yearly Trough Low 5,229 TJS
Transaction Impact: A difference of 382.87 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1072
1.0550
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 1.0955, compared to 1.0708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 1.0955
H2 Avg (Jul–Dec) 1.0708

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0503 TJS (High: 1.1005 / Low: 1.0502). On the other end, May was the most stable month, with a tight range of 0.0145 TJS (High: 1.0876 / Low: 1.0731).

December Spread (Volatile) ±0.0503
May Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0329 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.1028) against the same month in 2018 (average: 1.1157), the exchange rate shifted by -0.0128 (-1.15%).

2019 Avg (January) 1.1028
2018 Avg (January) 1.1157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1223 1.0726 1.1028
February 1.1181 1.0819 1.0991
March 1.1172 1.0751 1.0966
April 1.1118 1.0841 1.1012
May 1.0876 1.0731 1.0795
June 1.1115 1.0722 1.0937
July 1.1071 1.0650 1.0951
August 1.0840 1.0458 1.0622
September 1.0858 1.0625 1.0743
October 1.0674 1.0506 1.0593
November 1.0672 1.0506 1.0598
December 1.1005 1.0502 1.0744