2024 NOK to TJS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NOK to TJS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NOK to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0776. Conversely, the yearly low was recorded on December 19, dropping to 0.9527.
This high-to-low spread represents a total annual volatility of 0.1249 TJS. From a start-to-finish perspective, comparing the January average rate of 1.0505 to the December average rate of 0.9717, the exchange rate registered a net change of -7.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 1.0776 was down 2.00% compared to the 2023 peak of 1.0996, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.0230, compared to 0.9838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0392 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.0627 TJS (High: 1.0187 / Low: 0.9560). On the other end, February was the most stable month, with a tight range of 0.0252 TJS (High: 1.0480 / Low: 1.0227).
Growth Streaks & Declines
TrendsBetween July and September, 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 March and April, when the average rate fell by 0.0285 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 1.0505) against the same month in 2023 (average: 1.0310), the exchange rate shifted by +0.0195 (+1.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.0776 | 1.0358 | 1.0505 |
| February | 1.0480 | 1.0227 | 1.0374 |
| March | 1.0506 | 1.0074 | 1.0310 |
| April | 1.0259 | 0.9825 | 1.0024 |
| May | 1.0292 | 0.9895 | 1.0098 |
| June | 1.0271 | 0.9967 | 1.0068 |
| July | 1.0142 | 0.9614 | 0.9855 |
| August | 1.0187 | 0.9560 | 0.9917 |
| September | 1.0230 | 0.9812 | 1.0036 |
| October | 1.0048 | 0.9679 | 0.9845 |
| November | 0.9866 | 0.9556 | 0.9656 |
| December | 0.9905 | 0.9527 | 0.9717 |