2022 BIF to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BIF to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BIF to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 8.9868. Conversely, the yearly low was recorded on January 8, dropping to 5.5764.
This high-to-low spread represents a total annual volatility of 3.4105 LAK. From a start-to-finish perspective, comparing the January average rate of 5.6337 to the December average rate of 8.3819, the exchange rate registered a net change of 48.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 8.9868 was up 50.59% compared to the 2021 peak of 5.9678, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BIF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
BIF 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 6.0563, compared to 7.8964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8401 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 0.8857 LAK (High: 7.3853 / Low: 6.4996). On the other end, July was the most stable month, with a tight range of 0.0584 LAK (High: 7.3465 / Low: 7.2881).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 8.3296) against the same month in 2021 (average: 5.3262), the exchange rate shifted by +3.0034 (+56.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.7281 | 5.5764 | 5.6337 |
| February | 5.7267 | 5.6265 | 5.6778 |
| March | 5.7903 | 5.6035 | 5.7000 |
| April | 5.9594 | 5.7350 | 5.8609 |
| May | 6.5963 | 6.0758 | 6.3710 |
| June | 7.3853 | 6.4996 | 7.0943 |
| July | 7.3465 | 7.2881 | 7.3052 |
| August | 7.5055 | 7.3529 | 7.4217 |
| September | 8.0688 | 7.5259 | 7.7380 |
| October | 8.4137 | 8.0164 | 8.2021 |
| November | 8.9868 | 8.1914 | 8.3296 |
| December | 8.4370 | 8.3438 | 8.3819 |