2017 NOK to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |