YEARLY HIGH
303.5388 TZS
YEARLY LOW
251.7388 TZS
YEARLY AVERAGE
270.8965 TZS

2017 NOK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 303.5388. Conversely, the yearly low was recorded on January 2, dropping to 251.7388.

This high-to-low spread represents a total annual volatility of 51.8000 TZS. From a start-to-finish perspective, comparing the January average rate of 261.9356 to the December average rate of 269.7538, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 303.5388 was up 11.15% compared to the 2016 peak of 273.0993, 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 1,517,694 TZS
2016 Average 1,301,528 TZS
Yearly Trough Low 1,258,694 TZS
Transaction Impact: A difference of 258,999.97 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

289.0805
257.3330
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 263.1093, compared to 278.6837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.5745 points.

H1 Avg (Jan–Jun) 263.1093
H2 Avg (Jul–Dec) 278.6837

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 33.5466 TZS (High: 303.5388 / Low: 269.9922). On the other end, April was the most stable month, with a tight range of 5.6229 TZS (High: 262.4582 / Low: 256.8354).

November Spread (Volatile) ±33.5466
April Spread (Stable) ±5.6229

Growth Streaks & Declines

Trends

Between April and September, 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 November and December, when the average rate fell by 6.9194 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -6.9194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 276.6732) against the same month in 2016 (average: 258.9164), the exchange rate shifted by +17.7568 (+6.86%).

2017 Avg (November) 276.6732
2016 Avg (November) 258.9164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 269.7954 251.7388 261.9356
February 270.6584 264.9964 267.6428
March 265.2581 258.3082 262.0692
April 262.4582 256.8354 259.9786
May 268.4074 257.3595 262.9737
June 268.2767 261.6968 264.0558
July 284.1587 266.4849 274.4285
August 288.9736 280.6599 283.8887
September 290.0340 281.8303 286.4349
October 284.7385 274.7667 280.9234
November 303.5388 269.9922 276.6732
December 273.6242 267.0196 269.7538