2023 TJS to NOK Historical Review

YEARLY HIGH

1.0678 NOK

YEARLY LOW

0.9094 NOK

YEARLY AVERAGE

0.9777 NOK

2023 TJS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 1.0678. Conversely, the yearly low was recorded on July 13, dropping to 0.9094.

This high-to-low spread represents a total annual volatility of 0.1584 NOK. From a start-to-finish perspective, comparing the January average rate of 0.9701 to the December average rate of 0.9614, the exchange rate registered a net change of -0.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0678 was down 3.56% compared to the 2022 peak of 1.1072, 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 5,339 NOK

2022 Average 4,437 NOK

Yearly Trough Low 4,547 NOK

Transaction Impact: A difference of 791.87 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0092

0.9351

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 0.9830, compared to 0.9724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.9830

H2 Avg (Jul–Dec) 0.9724

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1178 NOK (High: 1.0678 / Low: 0.9500). On the other end, September was the most stable month, with a tight range of 0.0176 NOK (High: 0.9857 / Low: 0.9681).

March Spread (Volatile) ±0.1178

September Spread (Stable) ±0.0176

Growth Streaks & Declines

Trends

Between July and October, 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 0.0469 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0469

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.9997) against the same month in 2022 (average: 0.7128), the exchange rate shifted by +0.2869 (+40.25%).

2023 Avg (March) 0.9997

2022 Avg (March) 0.7128

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0046	0.9556	0.9701
February	1.0426	0.9533	0.9867
March	1.0678	0.9500	0.9997
April	0.9902	0.9418	0.9633
May	1.0239	0.9611	0.9903
June	1.0152	0.9617	0.9882
July	0.9898	0.9094	0.9413
August	0.9775	0.9244	0.9544
September	0.9857	0.9681	0.9770
October	1.0230	0.9740	1.0030
November	1.0226	0.9726	0.9974
December	1.0055	0.9255	0.9614