2016 NOK to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NOK to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NOK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2802.5201. Conversely, the yearly low was recorded on January 6, dropping to 2511.5446.
This high-to-low spread represents a total annual volatility of 290.9755 VND. From a start-to-finish perspective, comparing the January average rate of 2542.5050 to the December average rate of 2648.9227, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 2802.5201 was down 5.79% compared to the 2015 peak of 2974.7275, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NOK to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2647.3207, compared to 2681.5262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.2055 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 146.3208 VND (High: 2755.8409 / Low: 2609.5201). On the other end, February was the most stable month, with a tight range of 57.9323 VND (High: 2615.6224 / Low: 2557.6902).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 65.8806 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 2734.2655) against the same month in 2015 (average: 2703.0583), the exchange rate shifted by +31.2072 (+1.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2576.2732 | 2511.5446 | 2542.5050 |
| February | 2615.6224 | 2557.6902 | 2593.1045 |
| March | 2690.9761 | 2575.8762 | 2633.8755 |
| April | 2765.6632 | 2677.7776 | 2711.7145 |
| May | 2775.6435 | 2672.9443 | 2711.0663 |
| June | 2755.8409 | 2609.5201 | 2691.6585 |
| July | 2685.0456 | 2601.5459 | 2635.4957 |
| August | 2729.8244 | 2621.9934 | 2685.6318 |
| September | 2791.7817 | 2676.0597 | 2716.4569 |
| October | 2802.5201 | 2695.2121 | 2734.2655 |
| November | 2735.9195 | 2619.4441 | 2668.3849 |
| December | 2710.2865 | 2609.8941 | 2648.9227 |