YEARLY HIGH
1.3272 TJS
YEARLY LOW
0.8246 TJS
YEARLY AVERAGE
1.0999 TJS

2020 NOK to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.3272. Conversely, the yearly low was recorded on March 21, dropping to 0.8246.

This high-to-low spread represents a total annual volatility of 0.5026 TJS. From a start-to-finish perspective, comparing the January average rate of 1.0840 to the December average rate of 1.3014, the exchange rate registered a net change of 20.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3272 was up 18.25% compared to the 2019 peak of 1.1223, 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 6,636 TJS
2019 Average 5,415 TJS
Yearly Trough Low 4,123 TJS
Transaction Impact: A difference of 2,512.94 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.3354
0.9273
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 1.0277, compared to 1.1722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1445 points.

H1 Avg (Jan–Jun) 1.0277
H2 Avg (Jul–Dec) 1.1722

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2232 TJS (High: 1.0478 / Low: 0.8246). On the other end, February was the most stable month, with a tight range of 0.0231 TJS (High: 1.0530 / Low: 1.0299).

March Spread (Volatile) ±0.2232
February Spread (Stable) ±0.0231

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0823 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0823

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.3014) against the same month in 2019 (average: 1.0744), the exchange rate shifted by +0.2271 (+21.13%).

2020 Avg (December) 1.3014
2019 Avg (December) 1.0744

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1098 1.0530 1.0840
February 1.0530 1.0299 1.0436
March 1.0478 0.8246 0.9613
April 1.0029 0.9496 0.9820
May 1.0540 0.9755 1.0161
June 1.1126 1.0598 1.0790
July 1.1429 1.0819 1.1086
August 1.1810 1.1284 1.1532
September 1.1777 1.0792 1.1285
October 1.1296 1.0842 1.1112
November 1.2839 1.0804 1.2304
December 1.3272 1.2813 1.3014