YEARLY HIGH
270.6013 TZS
YEARLY LOW
214.0722 TZS
YEARLY AVERAGE
242.9145 TZS

2022 NOK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 270.6013. Conversely, the yearly low was recorded on October 1, dropping to 214.0722.

This high-to-low spread represents a total annual volatility of 56.5291 TZS. From a start-to-finish perspective, comparing the January average rate of 260.4666 to the December average rate of 236.3428, the exchange rate registered a net change of -9.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 270.6013 was down 4.81% compared to the 2021 peak of 284.2681, 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 1,353,006 TZS
2021 Average 1,346,522 TZS
Yearly Trough Low 1,070,361 TZS
Transaction Impact: A difference of 282,645.52 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

266.7342
216.5239
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 254.4164, compared to 231.4125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.0040 points.

H1 Avg (Jan–Jun) 254.4164
H2 Avg (Jul–Dec) 231.4125

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 22.7333 TZS (High: 236.8055 / Low: 214.0722). On the other end, December was the most stable month, with a tight range of 7.3053 TZS (High: 240.0225 / Low: 232.7172).

September Spread (Volatile) ±22.7333
December Spread (Stable) ±7.3053

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 18.6785 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -18.6785

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 262.5500) against the same month in 2021 (average: 271.9489), the exchange rate shifted by -9.3988 (-3.46%).

2022 Avg (March) 262.5500
2021 Avg (March) 271.9489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 265.3820 256.6842 260.4666
February 265.1416 256.6329 260.9211
March 270.6013 255.5549 262.5500
April 266.9925 246.9167 261.0774
May 251.5871 234.9783 242.3989
June 248.6122 233.0246 239.0845
July 241.2246 227.0977 233.5541
August 245.0895 234.0734 239.7830
September 236.8055 214.0722 227.5388
October 227.9603 214.0722 220.7081
November 237.2716 219.9818 230.5480
December 240.0225 232.7172 236.3428