how often nobel peace prize

The Nobel Peace Prize is awarded annually by the Norwegian Nobel Committee. It is presented every year, usually in October when the announcement is made, and the award ceremony is held in December in Oslo, Norway. However, there have been some years in history, especially during major conflicts like the World Wars, when the prize was not awarded because the committee could not find a suitable recipient or believed peace efforts had halted. Since its inception in 1901, the prize has been awarded 105 times to 139 laureates, including individuals and organizations.