2019 NOK to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NOK to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NOK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 1024.9588. Conversely, the yearly low was recorded on August 25, dropping to 954.1931.
This high-to-low spread represents a total annual volatility of 70.7657 LAK. From a start-to-finish perspective, comparing the January average rate of 1000.4385 to the December average rate of 984.3406, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 1024.9588 was down 5.66% compared to the 2018 peak of 1086.4313, 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 2019.
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 1000.3530, compared to 979.1617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.1913 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 46.6327 LAK (High: 1007.8870 / Low: 961.2543). On the other end, October was the most stable month, with a tight range of 14.5358 LAK (High: 972.2368 / Low: 957.7011).
Growth Streaks & Declines
TrendsBetween May and July, 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 July and August, when the average rate fell by 38.5213 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 1005.9948) against the same month in 2018 (average: 1034.1830), the exchange rate shifted by -28.1881 (-2.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1018.9554 | 973.4627 | 1000.4385 |
| February | 1015.0257 | 984.2634 | 999.0598 |
| March | 1015.8139 | 977.6342 | 997.9900 |
| April | 1022.5754 | 993.4488 | 1007.9536 |
| May | 1000.3292 | 981.0761 | 990.6813 |
| June | 1024.9588 | 987.6879 | 1005.9948 |
| July | 1023.5443 | 980.8782 | 1009.9348 |
| August | 980.5352 | 954.1931 | 971.4135 |
| September | 986.7847 | 960.1800 | 975.8833 |
| October | 972.2368 | 957.7011 | 964.9984 |
| November | 974.8605 | 959.4799 | 968.3993 |
| December | 1007.8870 | 961.2543 | 984.3406 |