2023 NOK to LAK Historical Review

YEARLY HIGH

2034.9308 LAK

YEARLY LOW

1555.2403 LAK

YEARLY AVERAGE

1769.0823 LAK

2023 NOK to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2034.9308. Conversely, the yearly low was recorded on March 18, dropping to 1555.2403.

This high-to-low spread represents a total annual volatility of 479.6905 LAK. From a start-to-finish perspective, comparing the January average rate of 1711.7610 to the December average rate of 1965.4698, the exchange rate registered a net change of 14.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2034.9308 was up 12.16% compared to the 2022 peak of 1814.3109, 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 10,174,654 LAK

2022 Average 7,388,975 LAK

Yearly Trough Low 7,776,201 LAK

Transaction Impact: A difference of 2,398,452.66 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2001.8270

1565.5406

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 1653.2918, compared to 1884.8728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 231.5810 points.

H1 Avg (Jan–Jun) 1653.2918

H2 Avg (Jul–Dec) 1884.8728

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 177.9012 LAK (High: 1924.0793 / Low: 1746.1781). On the other end, October was the most stable month, with a tight range of 55.3869 LAK (High: 1903.3504 / Low: 1847.9634).

July Spread (Volatile) ±177.9012

October Spread (Stable) ±55.3869

Growth Streaks & Declines

Trends

Between August and December, 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 January and February, when the average rate fell by 64.9133 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -64.9133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1965.4698) against the same month in 2022 (average: 1754.9900), the exchange rate shifted by +210.4798 (+11.99%).

2023 Avg (December) 1965.4698

2022 Avg (December) 1754.9900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1767.9793	1682.2608	1711.7610
February	1702.9480	1614.4093	1646.8478
March	1630.2150	1555.2403	1601.8978
April	1665.0379	1602.2013	1631.9452
May	1667.8205	1585.7567	1623.6385
June	1760.3246	1603.0470	1703.6609
July	1924.0793	1746.1781	1859.2595
August	1917.0851	1805.9918	1856.7204
September	1913.6522	1842.0436	1857.1690
October	1903.3504	1847.9634	1872.5477
November	1949.0908	1847.8082	1898.0706
December	2034.9308	1891.0482	1965.4698