2019 NOK to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NOK to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NOK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 277.1928. Conversely, the yearly low was recorded on November 30, dropping to 249.1416.
This high-to-low spread represents a total annual volatility of 28.0511 TZS. From a start-to-finish perspective, comparing the January average rate of 269.6782 to the December average rate of 254.9342, the exchange rate registered a net change of -5.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 277.1928 was down 5.99% compared to the 2018 peak of 294.8582, 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 2019.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 268.8073, compared to 256.0849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.7224 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 13.1857 TZS (High: 274.9447 / Low: 261.7589). On the other end, May was the most stable month, with a tight range of 4.0833 TZS (High: 265.6610 / Low: 261.5777).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 10.3896 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 272.2205) against the same month in 2018 (average: 290.4850), the exchange rate shifted by -18.2645 (-6.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 274.9447 | 261.7589 | 269.6782 |
| February | 274.7292 | 266.9240 | 271.3281 |
| March | 277.1928 | 267.6649 | 272.2205 |
| April | 272.8855 | 265.3261 | 269.7117 |
| May | 265.6610 | 261.5777 | 263.3306 |
| June | 271.6555 | 262.5761 | 266.5749 |
| July | 270.0654 | 259.4628 | 266.8775 |
| August | 259.5998 | 252.3688 | 256.4879 |
| September | 257.5304 | 252.2587 | 254.9394 |
| October | 253.6907 | 249.5202 | 251.3634 |
| November | 253.9919 | 249.1416 | 251.9071 |
| December | 260.8317 | 249.5708 | 254.9342 |