YEARLY HIGH
2815.8940 VND
YEARLY LOW
2475.2314 VND
YEARLY AVERAGE
2669.4262 VND

2021 NOK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 2815.8940. Conversely, the yearly low was recorded on December 4, dropping to 2475.2314.

This high-to-low spread represents a total annual volatility of 340.6627 VND. From a start-to-finish perspective, comparing the January average rate of 2710.4749 to the December average rate of 2554.4891, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2815.8940 was up 4.31% compared to the 2020 peak of 2699.4419, 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 14,079,470 VND
2020 Average 12,369,687 VND
Yearly Trough Low 12,376,157 VND
Transaction Impact: A difference of 1,703,313.44 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2796.2491
2532.5109
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 2727.8461, compared to 2611.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 116.8398 points.

H1 Avg (Jan–Jun) 2727.8461
H2 Avg (Jul–Dec) 2611.0063

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 194.9564 VND (High: 2695.3021 / Low: 2500.3457). On the other end, May was the most stable month, with a tight range of 47.0672 VND (High: 2796.4114 / Low: 2749.3442).

November Spread (Volatile) ±194.9564
May Spread (Stable) ±47.0672

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 107.7894 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -107.7894

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2744.1616) against the same month in 2020 (average: 2250.6913), the exchange rate shifted by +493.4702 (+21.93%).

2021 Avg (April) 2744.1616
2020 Avg (April) 2250.6913

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2747.4005 2664.5647 2710.4749
February 2747.8521 2665.2457 2705.4207
March 2735.9679 2663.8479 2703.3557
April 2815.8940 2695.6295 2744.1616
May 2796.4114 2749.3442 2774.2709
June 2776.9001 2663.3589 2729.3929
July 2688.9498 2557.8552 2621.6035
August 2626.5969 2523.2973 2581.0352
September 2659.6712 2599.8185 2629.8613
October 2731.7330 2633.5199 2689.7159
November 2695.3021 2500.3457 2589.3330
December 2600.0213 2475.2314 2554.4891