YEARLY HIGH
20758.3012 LAK
YEARLY LOW
16644.9124 LAK
YEARLY AVERAGE
18686.1745 LAK

2023 BMD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 20758.3012. Conversely, the yearly low was recorded on March 19, dropping to 16644.9124.

This high-to-low spread represents a total annual volatility of 4113.3888 LAK. From a start-to-finish perspective, comparing the January average rate of 16989.6084 to the December average rate of 20654.6734, the exchange rate registered a net change of 21.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 20758.3012 was up 12.51% compared to the 2022 peak of 18450.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103,791,506 LAK
2022 Average 71,409,397 LAK
Yearly Trough Low 83,224,562 LAK
Transaction Impact: A difference of 20,566,943.89 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21072.0766
16493.1363
JanuMarcMayJulySeptNove

BMD 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 17302.7856, compared to 20069.5633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2766.7778 points.

H1 Avg (Jan–Jun) 17302.7856
H2 Avg (Jul–Dec) 20069.5633

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1195.2758 LAK (High: 18920.8077 / Low: 17725.5319). On the other end, November was the most stable month, with a tight range of 199.7470 LAK (High: 20757.5470 / Low: 20557.8000).

June Spread (Volatile) ±1195.2758
November Spread (Stable) ±199.7470

Growth Streaks & Declines

Trends

Between February and November, 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 114.8937 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -114.8937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 20654.6734) against the same month in 2022 (average: 17326.4517), the exchange rate shifted by +3328.2217 (+19.21%).

2023 Avg (December) 20654.6734
2022 Avg (December) 17326.4517

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17346.4441 16814.1655 16989.6084
February 16998.0143 16705.2908 16874.7147
March 17005.0000 16644.9124 16875.5880
April 17340.0000 16946.6179 17144.6630
May 17758.9907 17276.3372 17551.7358
June 18920.8077 17725.5319 18380.4036
July 19277.6575 18755.0000 19106.5246
August 19647.6507 19095.0000 19442.4662
September 20433.2226 19675.0000 19925.3211
October 20744.7683 20379.3280 20597.8965
November 20757.5470 20557.8000 20690.4982
December 20758.3012 20538.2845 20654.6734