YEARLY HIGH
294.8582 TZS
YEARLY LOW
261.6247 TZS
YEARLY AVERAGE
279.9680 TZS

2018 NOK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 294.8582. Conversely, the yearly low was recorded on December 27, dropping to 261.6247.

This high-to-low spread represents a total annual volatility of 33.2335 TZS. From a start-to-finish perspective, comparing the January average rate of 284.2507 to the December average rate of 266.6924, the exchange rate registered a net change of -6.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 294.8582 was down 2.86% compared to the 2017 peak of 303.5388, 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 1,474,291 TZS
2017 Average 1,354,568 TZS
Yearly Trough Low 1,308,124 TZS
Transaction Impact: A difference of 166,167.28 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

292.8643
264.3131
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 285.7578, compared to 274.1782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.5796 points.

H1 Avg (Jan–Jun) 285.7578
H2 Avg (Jul–Dec) 274.1782

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 18.9867 TZS (High: 293.0170 / Low: 274.0303). On the other end, July was the most stable month, with a tight range of 6.6201 TZS (High: 283.6770 / Low: 277.0569).

January Spread (Volatile) ±18.9867
July Spread (Stable) ±6.6201

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 7.9387 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.9387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 287.5993) against the same month in 2017 (average: 267.6428), the exchange rate shifted by +19.9565 (+7.46%).

2018 Avg (February) 287.5993
2017 Avg (February) 267.6428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 293.0170 274.0303 284.2507
February 294.8582 282.3276 287.5993
March 294.2673 287.1337 290.4850
April 293.1954 285.0895 289.7110
May 285.0753 275.1171 281.7723
June 285.2935 277.6556 280.7284
July 283.6770 277.0569 280.0739
August 279.0271 269.5949 273.6303
September 281.6334 270.2437 276.6885
October 281.1861 271.5491 277.0598
November 274.5060 267.5504 270.9244
December 270.4709 261.6247 266.6924