YEARLY HIGH
0.9313 NOK
YEARLY LOW
0.8605 NOK
YEARLY AVERAGE
0.8898 NOK

2018 TJS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TJS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.9313. Conversely, the yearly low was recorded on July 16, dropping to 0.8605.

This high-to-low spread represents a total annual volatility of 0.0708 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8966 to the December average rate of 0.9164, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9313 was down 15.29% compared to the 2017 peak of 1.0994, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,657 NOK
2017 Average 4,821 NOK
Yearly Trough Low 4,303 NOK
Transaction Impact: A difference of 353.86 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9205
0.8703
JanuMarcMayJulySeptNove

TJS to NOK 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 0.8913, compared to 0.8883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.8913
H2 Avg (Jul–Dec) 0.8883

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0594 NOK (High: 0.9309 / Low: 0.8715). On the other end, March was the most stable month, with a tight range of 0.0204 NOK (High: 0.8908 / Low: 0.8703).

January Spread (Volatile) ±0.0594
March Spread (Stable) ±0.0204

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0194 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.9164) against the same month in 2017 (average: 0.9425), the exchange rate shifted by -0.0261 (-2.77%).

2018 Avg (December) 0.9164
2017 Avg (December) 0.9425

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9309 0.8715 0.8966
February 0.9043 0.8663 0.8881
March 0.8908 0.8703 0.8807
April 0.9005 0.8762 0.8861
May 0.9218 0.8908 0.9022
June 0.9105 0.8820 0.8939
July 0.8909 0.8605 0.8745
August 0.9004 0.8675 0.8862
September 0.8961 0.8609 0.8762
October 0.8930 0.8641 0.8769
November 0.9128 0.8851 0.9000
December 0.9313 0.9019 0.9164