2023 BAM to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |