2021 NOK to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NOK to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NOK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 1308.3964. Conversely, the yearly low was recorded on July 20, dropping to 1059.2041.
This high-to-low spread represents a total annual volatility of 249.1923 LAK. From a start-to-finish perspective, comparing the January average rate of 1093.6937 to the December average rate of 1235.5494, the exchange rate registered a net change of 12.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1308.3964 was up 20.21% compared to the 2020 peak of 1088.4621, 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 2021.
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 1111.7286, compared to 1154.3586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.6300 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 123.1299 LAK (High: 1308.3964 / Low: 1185.2664). On the other end, May was the most stable month, with a tight range of 23.8698 LAK (High: 1148.1301 / Low: 1124.2603).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 37.5129 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 1235.5494) against the same month in 2020 (average: 1067.1492), the exchange rate shifted by +168.4002 (+15.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1109.2050 | 1075.8447 | 1093.6937 |
| February | 1117.0294 | 1078.8031 | 1098.3334 |
| March | 1116.6380 | 1083.7104 | 1100.0773 |
| April | 1151.8123 | 1099.8780 | 1120.9967 |
| May | 1148.1301 | 1124.2603 | 1134.9864 |
| June | 1143.2745 | 1091.3053 | 1122.2840 |
| July | 1107.4624 | 1059.2041 | 1084.7711 |
| August | 1102.4092 | 1060.1020 | 1082.1562 |
| September | 1149.6371 | 1100.0244 | 1117.6253 |
| October | 1224.3973 | 1150.0712 | 1194.6629 |
| November | 1232.3052 | 1195.0749 | 1211.3864 |
| December | 1308.3964 | 1185.2664 | 1235.5494 |