YEARLY HIGH
1024.9588 LAK
YEARLY LOW
954.1931 LAK
YEARLY AVERAGE
989.7573 LAK

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 5,124,794 LAK
2018 Average 5,173,924 LAK
Yearly Trough Low 4,770,966 LAK
Transaction Impact: A difference of 353,828.65 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1014.4285
960.5047
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 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.

H1 Avg (Jan–Jun) 1000.3530
H2 Avg (Jul–Dec) 979.1617

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±46.6327
October Spread (Stable) ±14.5358

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -38.5213

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (June) 1005.9948
2018 Avg (June) 1034.1830

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