2023 BGN to LAK Historical Review

YEARLY HIGH

11668.7714 LAK

YEARLY LOW

9098.3009 LAK

YEARLY AVERAGE

10335.8265 LAK

2023 BGN to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 11668.7714. Conversely, the yearly low was recorded on February 24, dropping to 9098.3009.

This high-to-low spread represents a total annual volatility of 2570.4705 LAK. From a start-to-finish perspective, comparing the January average rate of 9366.7729 to the December average rate of 11531.7943, the exchange rate registered a net change of 23.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11668.7714 was up 19.84% compared to the 2022 peak of 9737.1754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,343,857 LAK

2022 Average 38,239,029 LAK

Yearly Trough Low 45,491,504 LAK

Transaction Impact: A difference of 12,852,352.63 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11761.9119

9000.5005

JanuMarcMayJulySeptNove

BGN 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 9567.2215, compared to 11104.4315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1537.2100 points.

H1 Avg (Jan–Jun) 9567.2215

H2 Avg (Jul–Dec) 11104.4315

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 839.4290 LAK (High: 10594.0341 / Low: 9754.6051). On the other end, May was the most stable month, with a tight range of 173.1092 LAK (High: 9845.1177 / Low: 9672.0084).

June Spread (Volatile) ±839.4290

May Spread (Stable) ±173.1092

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 136.1548 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -136.1548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 11531.7943) against the same month in 2022 (average: 9374.5773), the exchange rate shifted by +2157.2170 (+23.01%).

2023 Avg (December) 11531.7943

2022 Avg (December) 9374.5773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9494.4128	9283.7697	9366.7729
February	9400.8442	9098.3009	9230.6182
March	9463.8154	9098.9997	9242.2846
April	9765.8505	9436.6072	9620.1223
May	9845.1177	9672.0084	9751.8053
June	10594.0341	9754.6051	10191.7261
July	10991.3307	10462.7194	10803.1203
August	10978.3038	10691.4894	10843.8730
September	11060.2484	10772.6819	10876.3219
October	11289.0354	10924.6118	11126.8559
November	11623.9783	11209.7609	11444.6238
December	11668.7714	11404.2811	11531.7943