2020 NOK to TZS Historical Review

YEARLY HIGH

271.7039 TZS

YEARLY LOW

195.4049 TZS

YEARLY AVERAGE

246.6856 TZS

2020 NOK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 271.7039. Conversely, the yearly low was recorded on March 21, dropping to 195.4049.

This high-to-low spread represents a total annual volatility of 76.2990 TZS. From a start-to-finish perspective, comparing the January average rate of 257.6338 to the December average rate of 266.4936, the exchange rate registered a net change of 3.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 271.7039 was down 1.98% compared to the 2019 peak of 277.1928, 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 1,358,520 TZS

2019 Average 1,311,957 TZS

Yearly Trough Low 977,025 TZS

Transaction Impact: A difference of 381,495.14 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

270.9438

217.5411

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 237.6258, compared to 255.7454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.1196 points.

H1 Avg (Jan–Jun) 237.6258

H2 Avg (Jul–Dec) 255.7454

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 53.7035 TZS (High: 249.1084 / Low: 195.4049). On the other end, February was the most stable month, with a tight range of 6.1531 TZS (High: 250.8080 / Low: 244.6549).

March Spread (Volatile) ±53.7035

February Spread (Stable) ±6.1531

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 23.0565 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -23.0565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 266.4936) against the same month in 2019 (average: 254.9342), the exchange rate shifted by +11.5594 (+4.53%).

2020 Avg (December) 266.4936

2019 Avg (December) 254.9342

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	262.6808	250.7875	257.6338
February	250.8080	244.6549	248.5928
March	249.1084	195.4049	225.5364
April	226.1990	214.4729	221.9913
May	238.0016	221.0004	229.2868
June	250.4927	238.0045	242.7137
July	256.7638	243.3734	249.5949
August	265.5587	254.5398	259.6101
September	264.9874	242.4939	253.6681
October	253.9411	243.6819	249.6051
November	262.8350	242.1891	255.5010
December	271.7039	262.3062	266.4936