YEARLY HIGH
1073.4122 LAK
YEARLY LOW
923.2147 LAK
YEARLY AVERAGE
995.1279 LAK

2017 NOK to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 1073.4122. Conversely, the yearly low was recorded on May 4, dropping to 923.2147.

This high-to-low spread represents a total annual volatility of 150.1975 LAK. From a start-to-finish perspective, comparing the January average rate of 959.2103 to the December average rate of 1001.2622, the exchange rate registered a net change of 4.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1073.4122 was up 5.55% compared to the 2016 peak of 1016.9452, 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 5,367,061 LAK
2016 Average 4,836,373 LAK
Yearly Trough Low 4,616,074 LAK
Transaction Impact: A difference of 750,987.40 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1071.2318
935.9316
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 960.9603, compared to 1029.2954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.3350 points.

H1 Avg (Jan–Jun) 960.9603
H2 Avg (Jul–Dec) 1029.2954

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 62.7136 LAK (High: 1043.2700 / Low: 980.5564). On the other end, December was the most stable month, with a tight range of 22.9047 LAK (High: 1012.9719 / Low: 990.0672).

July Spread (Volatile) ±62.7136
December Spread (Stable) ±22.9047

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 22.5721 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -22.5721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1059.9568) against the same month in 2016 (average: 985.5033), the exchange rate shifted by +74.4535 (+7.55%).

2017 Avg (September) 1059.9568
2016 Avg (September) 985.5033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 983.8994 936.0462 959.2103
February 994.0797 957.2134 976.1186
March 973.5038 935.3969 955.2107
April 959.3716 931.3514 947.2066
May 981.9646 923.2147 957.6221
June 986.8444 942.9222 970.3936
July 1043.2700 980.5564 1009.4834
August 1072.4772 1037.3467 1049.4773
September 1073.4122 1043.2185 1059.9568
October 1052.1401 1017.0636 1039.0824
November 1024.3920 995.6203 1016.5103
December 1012.9719 990.0672 1001.2622