YEARLY HIGH
277.1928 TZS
YEARLY LOW
249.1416 TZS
YEARLY AVERAGE
262.4461 TZS

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 1,385,964 TZS
2018 Average 1,399,551 TZS
Yearly Trough Low 1,245,708 TZS
Transaction Impact: A difference of 140,255.73 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

274.3062
249.2776
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 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.

H1 Avg (Jan–Jun) 268.8073
H2 Avg (Jul–Dec) 256.0849

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±13.1857
May Spread (Stable) ±4.0833

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 July and August, when the average rate fell by 10.3896 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.3896

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (March) 272.2205
2018 Avg (March) 290.4850

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