YEARLY HIGH
11631.1392 LAK
YEARLY LOW
9117.5447 LAK
YEARLY AVERAGE
10336.1964 LAK

2023 BAM to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 11631.1392. Conversely, the yearly low was recorded on February 25, dropping to 9117.5447.

This high-to-low spread represents a total annual volatility of 2513.5945 LAK. From a start-to-finish perspective, comparing the January average rate of 9347.1881 to the December average rate of 11527.4624, the exchange rate registered a net change of 23.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11631.1392 was up 18.85% compared to the 2022 peak of 9786.7081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,155,696 LAK
2022 Average 38,246,125 LAK
Yearly Trough Low 45,587,724 LAK
Transaction Impact: A difference of 12,567,972.48 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11756.5257
9007.7666
JanuMarcMayJulySeptNove

BAM 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 9565.6605, compared to 11106.7324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1541.0719 points.

H1 Avg (Jan–Jun) 9565.6605
H2 Avg (Jul–Dec) 11106.7324

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 871.0591 LAK (High: 10580.3596 / Low: 9709.3004). On the other end, May was the most stable month, with a tight range of 198.5826 LAK (High: 9871.1692 / Low: 9672.5866).

June Spread (Volatile) ±871.0591
May Spread (Stable) ±198.5826

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 103.6881 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -103.6881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 11527.4624) against the same month in 2022 (average: 9376.6742), the exchange rate shifted by +2150.7883 (+22.94%).

2023 Avg (December) 11527.4624
2022 Avg (December) 9376.6742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9475.3430 9180.7278 9347.1881
February 9471.2622 9117.5447 9243.5000
March 9470.7360 9123.7833 9236.8299
April 9762.9433 9438.2207 9620.3598
May 9871.1692 9672.5866 9760.3561
June 10580.3596 9709.3004 10185.7289
July 11007.1823 10426.2447 10803.7432
August 10960.4493 10680.9161 10848.9235
September 11060.2484 10766.4745 10895.0057
October 11289.2336 10952.3322 11130.5771
November 11625.4833 11178.2563 11434.6823
December 11631.1392 11407.0965 11527.4624