YEARLY HIGH
273.0993 TZS
YEARLY LOW
243.8081 TZS
YEARLY AVERAGE
260.3087 TZS

2016 NOK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 273.0993. Conversely, the yearly low was recorded on January 6, dropping to 243.8081.

This high-to-low spread represents a total annual volatility of 29.2912 TZS. From a start-to-finish perspective, comparing the January average rate of 247.6802 to the December average rate of 254.0452, the exchange rate registered a net change of 2.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 273.0993 was down 7.34% compared to the 2015 peak of 294.7387, 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 1,365,496 TZS
2015 Average 1,262,860 TZS
Yearly Trough Low 1,219,040 TZS
Transaction Impact: A difference of 146,456.15 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

269.1665
245.7269
JanuMarcMayJulySeptNove

NOK to TZS 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 259.3530, compared to 261.2644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9114 points.

H1 Avg (Jan–Jun) 259.3530
H2 Avg (Jul–Dec) 261.2644

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 14.2563 TZS (High: 270.1671 / Low: 255.9108). On the other end, February was the most stable month, with a tight range of 4.7914 TZS (High: 255.8612 / Low: 251.0698).

June Spread (Volatile) ±14.2563
February Spread (Stable) ±4.7914

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 8.2968 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.2968

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 267.2132) against the same month in 2015 (average: 263.5234), the exchange rate shifted by +3.6898 (+1.40%).

2016 Avg (October) 267.2132
2015 Avg (October) 263.5234

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 253.2940 243.8081 247.6802
February 255.8612 251.0698 254.0666
March 263.8179 252.6166 258.1345
April 271.3778 262.5604 266.3325
May 272.9109 261.9873 265.9010
June 270.1671 255.9108 264.0032
July 263.9457 255.1807 258.6009
August 267.5611 257.1500 263.2411
September 272.6228 262.1995 265.5696
October 273.0993 263.5059 267.2132
November 267.0249 253.1641 258.9164
December 260.2048 249.8696 254.0452