YEARLY HIGH
1016.9452 LAK
YEARLY LOW
912.7914 LAK
YEARLY AVERAGE
967.2786 LAK

2016 NOK to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 1016.9452. Conversely, the yearly low was recorded on January 11, dropping to 912.7914.

This high-to-low spread represents a total annual volatility of 104.1537 LAK. From a start-to-finish perspective, comparing the January average rate of 924.5332 to the December average rate of 951.9314, the exchange rate registered a net change of 2.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1016.9452 was down 7.96% compared to the 2015 peak of 1104.9358, 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 5,084,726 LAK
2015 Average 5,051,533 LAK
Yearly Trough Low 4,563,957 LAK
Transaction Impact: A difference of 520,768.65 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1001.8731
917.5023
JanuMarcMayJulySeptNove

NOK to LAK 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 962.7249, compared to 971.8322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.1073 points.

H1 Avg (Jan–Jun) 962.7249
H2 Avg (Jul–Dec) 971.8322

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 53.1424 LAK (High: 976.1383 / Low: 922.9959). On the other end, February was the most stable month, with a tight range of 24.3771 LAK (High: 953.4029 / Low: 929.0258).

December Spread (Volatile) ±53.1424
February Spread (Stable) ±24.3771

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 25.6181 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -25.6181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 985.5330) against the same month in 2015 (average: 1070.9948), the exchange rate shifted by -85.4618 (-7.98%).

2016 Avg (May) 985.5330
2015 Avg (May) 1070.9948

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 943.4440 912.7914 924.5332
February 953.4029 929.0258 944.0969
March 980.0946 937.8594 960.0070
April 1006.0473 974.4489 985.7674
May 1016.9452 971.5466 985.5330
June 999.4169 946.7368 976.4121
July 973.4126 943.9248 955.1763
August 989.3178 951.5926 974.3160
September 1012.9119 970.3438 985.5033
October 1016.0825 981.7341 994.8422
November 996.3378 950.6010 969.2241
December 976.1383 922.9959 951.9314