YEARLY HIGH
0.9562 NOK
YEARLY LOW
0.8910 NOK
YEARLY AVERAGE
0.9235 NOK

2019 TJS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TJS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.9562. Conversely, the yearly low was recorded on January 31, dropping to 0.8910.

This high-to-low spread represents a total annual volatility of 0.0652 NOK. From a start-to-finish perspective, comparing the January average rate of 0.9068 to the December average rate of 0.9310, the exchange rate registered a net change of 2.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9562 was up 2.68% compared to the 2018 peak of 0.9313, 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 4,781 NOK
2018 Average 4,449 NOK
Yearly Trough Low 4,455 NOK
Transaction Impact: A difference of 326.21 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9477
0.9031
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 0.9129, compared to 0.9340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 0.9129
H2 Avg (Jul–Dec) 0.9340

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0435 NOK (High: 0.9522 / Low: 0.9087). On the other end, May was the most stable month, with a tight range of 0.0124 NOK (High: 0.9319 / Low: 0.9194).

December Spread (Volatile) ±0.0435
May Spread (Stable) ±0.0124

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 November and December, when the average rate fell by 0.0126 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.9416) against the same month in 2018 (average: 0.8862), the exchange rate shifted by +0.0554 (+6.25%).

2019 Avg (August) 0.9416
2018 Avg (August) 0.8862

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9323 0.8910 0.9068
February 0.9243 0.8944 0.9099
March 0.9301 0.8951 0.9120
April 0.9224 0.8995 0.9081
May 0.9319 0.9194 0.9263
June 0.9327 0.8997 0.9144
July 0.9389 0.9033 0.9133
August 0.9562 0.9225 0.9416
September 0.9412 0.9210 0.9309
October 0.9519 0.9368 0.9440
November 0.9519 0.9370 0.9436
December 0.9522 0.9087 0.9310