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Norwegian kroner to Tanzanian shilling Exchange Rate History - XTransfer

Norwegian kroner to Tanzanian shilling Historical Exchange Rates

Welcome to the NOK to TZS exchange rate history page. This page contains detailed daily historical exchange rates between NOK and TZS from 2025-3-8 to 2026-05-11, making it easy to look up and reference.

Amount
Result

1 NOK = 279.962 TZS

09:31 Exchange Rate

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1 Norwegian kroner to Tanzanian shilling Historical Exchange Rate Trends

1 NOK = -- TZS

09:31 Exchange Rate

NOK - TZS+0%
7D
1M
3M
Invalid DateInvalid Date

1 Norwegian kroner to Tanzanian shilling Data Statistics

This section organizes the historical exchange rate data of 1 NOK to TZS, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
279.962
282.67
282.67
282.67
Low
279.962
277.828
273.026
260.988
Average
279.962
280.331
278.89
271.418

Past 7 days historical exchange rates

Below are the daily average exchange rates of NOK to TZS for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of TZS to NOK, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

NOK to TZS - Last 7 Days

NOKNOKTZSTZS
2026-05-11
279.962
NOKNOKTZSTZS
2026-05-10
282.67
NOKNOKTZSTZS
2026-05-09
282.67
NOKNOKTZSTZS
2026-05-08
278.588
NOKNOKTZSTZS
2026-05-07
280.051
NOKNOKTZSTZS
2026-05-06
282.204
NOKNOKTZSTZS
2026-05-05
280.047

TZS to NOK - Last 7 Days

TZSTZSNOKNOK
2026-05-11
0.004
TZSTZSNOKNOK
2026-05-10
0
TZSTZSNOKNOK
2026-05-09
0
TZSTZSNOKNOK
2026-05-08
0.004
TZSTZSNOKNOK
2026-05-07
0.004
TZSTZSNOKNOK
2026-05-06
0.004
TZSTZSNOKNOK
2026-05-05
0.004

NOKNOK - Norwegian Krone

The Norwegian krone has been issued since 1875 and is an important part of the Nordic economy. NOK benefits from its rich oil and gas resources and reflects the country's wealth and high welfare level.

  • Supporting unit:1 Krona = 100 Öre
  • Denomination of banknotes:50, 100, 200, 500, 1000 krone
  • Reserve currency:Yes, the Norwegian krone is regarded as a minor reserve currency in some countries.
  • Banknote material:High-quality paper, utilizing advanced anti-counterfeiting technology.
  • Metal composition:Nickel brass, copper-plated steel, stainless steel, and other alloys
  • Currency symbol:kr 或 NOK
  • Paper currency size:For example, 1000 kronor measures 160mm × 70mm (new series).
  • language:en
  • Main unit:1 krone (Krone)
  • ISO code:NOK
  • Currency name:Norwegian Krone
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Norges Bank
  • Safe-haven currency:It has certain hedging properties due to its economic stability and background of sovereign wealth funds.
  • Coin denomination:1, 5, 10, and 20 kronor (50 öre and smaller denominations have been gradually phased out)
  • Countries of Use:Norway (excluding the Faroe Islands and Greenland, which use the Danish krone)
  • Cross-border payment:NOK supports international payments through the SWIFT and SEPA systems (applicable to the European Economic Area), which enables high efficiency and is commonly used for trade settlements within the Nordic and EU regions.

TZSTZS - Tanzanian Shilling

The Tanzanian Shilling was introduced in 1966 as a replacement for the East African Monetary Unit. The TZS supports the agricultural and mining industries and is an important part of the country's economy.

  • Supporting unit:No auxiliary currency unit; auxiliary currency has been abolished.
  • Denomination of banknotes:500, 1000, 2000, 5000, 10000 shillings
  • Reserve currency:No, the US dollar is the primary reserve currency.
  • Banknote material:Paper-based with anti-counterfeiting design
  • Metal composition:Copper-nickel alloy, stainless steel
  • Currency symbol:TSh
  • Paper currency size:Approximately 150mm × 70mm for 10,000 shillings.
  • language:en
  • Main unit:1 shilling
  • ISO code:TZS
  • Currency name:Tanzanian Shilling
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of Tanzania
  • Safe-haven currency:No, regional currency.
  • Coin denomination:50, 100, 200, 500 shillings
  • Countries of Use:Tanzania
  • Cross-border payment:The shilling supports limited international payments through the SWIFT system, with trade primarily relying on the US dollar and other hard currencies.

FAQ

Based on the historical patterns of Norwegian kroner to Tanzanian shilling, is now a good time to exchange?

To judge the timing for exchanging Norwegian kroner to Tanzanian shilling, one must compare current rates with the average over the past year or even five years. If the current Norwegian kroner rate is well above the historical average, it usually means NOK is in a strong period, making it a good window for settlement into TZS. Conversely, if Norwegian kroner is at a historical low, it is recommended for exporters to hold NOK in batches and avoid the troughs to minimize losses when converting to TZS.

What are the main reasons affecting the historical volatility of NOK to TZS recently?

The core factor affecting the historical volatility of Norwegian kroner to Tanzanian shilling recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of NOK tends to increase, leading to a significant rise in its historical exchange rate against TZS. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for NOK, thereby intensifying the frequency of two-way volatility between Norwegian kroner and Tanzanian shilling.

Has NOK experienced a sharp plunge against TZS before? How can I protect myself?

Historically, Norwegian kroner against Tanzanian shilling has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Norwegian kroner exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of NOK to TZS within an acceptable trade cost range.

Is the current exchange rate of Norwegian kroner to Tanzanian shilling considered a historical high or low?

To evaluate the current level of NOK to TZS, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Norwegian kroner is approaching a historical resistance level. If the current NOK price has broken through highs from years ago, it indicates that NOK is at an extreme high; exchanging Norwegian kroner to Tanzanian shilling now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Norwegian kroner to Tanzanian shilling?

AI predictions for NOK to TZS are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of NOK through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Norwegian kroner to Tanzanian shilling should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.