YEARLY HIGH
2802.5201 VND
YEARLY LOW
2511.5446 VND
YEARLY AVERAGE
2664.4235 VND

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 14,012,601 VND
2015 Average 13,604,977 VND
Yearly Trough Low 12,557,723 VND
Transaction Impact: A difference of 1,454,877.46 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2753.4416
2523.3290
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2647.3207
H2 Avg (Jul–Dec) 2681.5262

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±146.3208
February Spread (Stable) ±57.9323

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 October and November, when the average rate fell by 65.8806 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -65.8806

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (October) 2734.2655
2015 Avg (October) 2703.0583

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