YEARLY HIGH
2938.5546 VND
YEARLY LOW
2615.8032 VND
YEARLY AVERAGE
2749.2762 VND

2017 NOK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 2938.5546. Conversely, the yearly low was recorded on April 7, dropping to 2615.8032.

This high-to-low spread represents a total annual volatility of 322.7514 VND. From a start-to-finish perspective, comparing the January average rate of 2670.5086 to the December average rate of 2732.8505, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2938.5546 was up 4.85% compared to the 2016 peak of 2802.5201, 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 14,692,773 VND
2016 Average 13,322,283 VND
Yearly Trough Low 13,079,016 VND
Transaction Impact: A difference of 1,613,756.84 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2928.8557
2615.7261
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 2678.5901, compared to 2819.9623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 141.3722 points.

H1 Avg (Jan–Jun) 2678.5901
H2 Avg (Jul–Dec) 2819.9623

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 173.7848 VND (High: 2881.2385 / Low: 2707.4536). On the other end, April was the most stable month, with a tight range of 52.2890 VND (High: 2668.0922 / Low: 2615.8032).

July Spread (Volatile) ±173.7848
April Spread (Stable) ±52.2890

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 65.4059 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -65.4059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 2902.7616) against the same month in 2016 (average: 2716.4569), the exchange rate shifted by +186.3047 (+6.86%).

2017 Avg (September) 2902.7616
2016 Avg (September) 2716.4569

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2739.1516 2625.5185 2670.5086
February 2757.7222 2696.0619 2726.9419
March 2711.1277 2643.8997 2678.1638
April 2668.0922 2615.8032 2641.8203
May 2718.3999 2617.9448 2670.7812
June 2721.5759 2657.0168 2683.3249
July 2881.2385 2707.4536 2786.5018
August 2932.9097 2848.8845 2881.0877
September 2938.5546 2853.7524 2902.7616
October 2880.7963 2776.3513 2840.9892
November 2794.8044 2730.9430 2775.5833
December 2766.7609 2701.4723 2732.8505