YEARLY HIGH
284.2681 TZS
YEARLY LOW
250.7349 TZS
YEARLY AVERAGE
269.3425 TZS

2021 NOK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 284.2681. Conversely, the yearly low was recorded on December 4, dropping to 250.7349.

This high-to-low spread represents a total annual volatility of 33.5332 TZS. From a start-to-finish perspective, comparing the January average rate of 272.2527 to the December average rate of 256.6085, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 284.2681 was up 4.62% compared to the 2020 peak of 271.7039, 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 1,421,340 TZS
2020 Average 1,233,552 TZS
Yearly Trough Low 1,253,674 TZS
Transaction Impact: A difference of 167,665.84 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

281.4480
254.3504
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 274.5415, compared to 264.1436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.3979 points.

H1 Avg (Jan–Jun) 274.5415
H2 Avg (Jul–Dec) 264.1436

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 19.6483 TZS (High: 273.4295 / Low: 253.7812). On the other end, May was the most stable month, with a tight range of 6.2686 TZS (High: 282.5105 / Low: 276.2420).

November Spread (Volatile) ±19.6483
May Spread (Stable) ±6.2686

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 10.7980 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.7980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 276.1460) against the same month in 2020 (average: 221.9913), the exchange rate shifted by +54.1547 (+24.39%).

2021 Avg (April) 276.1460
2020 Avg (April) 221.9913

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 275.9409 267.6145 272.2527
February 276.8832 267.7376 272.6641
March 275.9815 267.8052 271.9489
April 284.2681 270.9793 276.1460
May 282.5105 276.2420 279.1899
June 280.5774 267.3784 275.0473
July 270.7741 257.5852 264.2494
August 267.3769 256.4457 261.9424
September 270.6445 262.7724 267.5089
October 276.5453 267.0297 271.9298
November 273.4295 253.7812 262.6225
December 262.0158 250.7349 256.6085