2020 NOK to VND Historical Review

YEARLY HIGH

2699.4419 VND

YEARLY LOW

1978.9409 VND

YEARLY AVERAGE

2473.7504 VND

2020 NOK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2699.4419. Conversely, the yearly low was recorded on March 21, dropping to 1978.9409.

This high-to-low spread represents a total annual volatility of 720.5010 VND. From a start-to-finish perspective, comparing the January average rate of 2591.2379 to the December average rate of 2656.0076, the exchange rate registered a net change of 2.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2699.4419 was down 2.21% compared to the 2019 peak of 2760.5135, 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 13,497,209 VND

2019 Average 13,204,090 VND

Yearly Trough Low 9,894,705 VND

Transaction Impact: A difference of 3,602,504.83 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2696.5392

2210.1597

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 2394.4362, compared to 2553.0645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 158.6283 points.

H1 Avg (Jan–Jun) 2394.4362

H2 Avg (Jul–Dec) 2553.0645

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 539.3537 VND (High: 2518.2947 / Low: 1978.9409). On the other end, February was the most stable month, with a tight range of 63.3254 VND (High: 2526.4982 / Low: 2463.1729).

March Spread (Volatile) ±539.3537

February Spread (Stable) ±63.3254

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 218.4719 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -218.4719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2656.0076) against the same month in 2019 (average: 2570.2572), the exchange rate shifted by +85.7503 (+3.34%).

2020 Avg (December) 2656.0076

2019 Avg (December) 2570.2572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2642.9592	2509.6956	2591.2379
February	2526.4982	2463.1729	2500.0598
March	2518.2947	1978.9409	2281.5879
April	2304.5953	2190.6735	2250.6913
May	2401.7994	2227.1965	2308.4199
June	2514.0712	2389.1588	2434.6202
July	2557.9852	2428.7084	2489.4692
August	2651.0572	2530.5424	2590.2389
September	2662.5155	2426.8197	2536.3392
October	2536.7684	2435.3273	2494.0601
November	2616.1361	2426.5620	2552.2722
December	2699.4419	2602.2337	2656.0076