2024 TJS to NOK Historical Review

YEARLY HIGH

1.0496 NOK

YEARLY LOW

0.9280 NOK

YEARLY AVERAGE

0.9974 NOK

2024 TJS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 1.0496. Conversely, the yearly low was recorded on January 1, dropping to 0.9280.

This high-to-low spread represents a total annual volatility of 0.1217 NOK. From a start-to-finish perspective, comparing the January average rate of 0.9520 to the December average rate of 1.0292, the exchange rate registered a net change of 8.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0496 was down 1.70% compared to the 2023 peak of 1.0678, 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 5,248 NOK

2023 Average 4,888 NOK

Yearly Trough Low 4,640 NOK

Transaction Impact: A difference of 608.37 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0440

0.9437

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 0.9779, compared to 1.0168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0389 points.

H1 Avg (Jan–Jun) 0.9779

H2 Avg (Jul–Dec) 1.0168

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0644 NOK (High: 1.0460 / Low: 0.9816). On the other end, February was the most stable month, with a tight range of 0.0235 NOK (High: 0.9778 / Low: 0.9542).

August Spread (Volatile) ±0.0644

February Spread (Stable) ±0.0235

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0123 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.0292) against the same month in 2023 (average: 0.9614), the exchange rate shifted by +0.0678 (+7.06%).

2024 Avg (December) 1.0292

2023 Avg (December) 0.9614

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9654	0.9280	0.9520
February	0.9778	0.9542	0.9640
March	0.9927	0.9519	0.9701
April	1.0178	0.9747	0.9977
May	1.0106	0.9716	0.9903
June	1.0033	0.9737	0.9933
July	1.0401	0.9860	1.0150
August	1.0460	0.9816	1.0088
September	1.0192	0.9775	0.9965
October	1.0332	0.9952	1.0160
November	1.0464	1.0136	1.0357
December	1.0496	1.0096	1.0292