2023 BND to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BND to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BND to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 15566.0183. Conversely, the yearly low was recorded on March 11, dropping to 12453.5901.
This high-to-low spread represents a total annual volatility of 3112.4281 LAK. From a start-to-finish perspective, comparing the January average rate of 12803.3851 to the December average rate of 15503.0759, the exchange rate registered a net change of 21.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 15566.0183 was up 15.73% compared to the 2022 peak of 13449.9236, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BND 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 12954.5326, compared to 14873.0821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1918.5494 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 952.8838 LAK (High: 14073.4897 / Low: 13120.6059). On the other end, December was the most stable month, with a tight range of 147.1202 LAK (High: 15566.0183 / Low: 15418.8981).
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 132.6988 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 15503.0759) against the same month in 2022 (average: 12816.3483), the exchange rate shifted by +2686.7276 (+20.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12930.0326 | 12693.1775 | 12803.3851 |
| February | 12886.6222 | 12459.8843 | 12670.6864 |
| March | 12808.8376 | 12453.5901 | 12596.2609 |
| April | 12985.5311 | 12749.0079 | 12889.1369 |
| May | 13222.4929 | 12946.9633 | 13109.3125 |
| June | 14073.4897 | 13120.6059 | 13658.4141 |
| July | 14526.9312 | 13810.9342 | 14318.7203 |
| August | 14539.2509 | 14177.1615 | 14396.2843 |
| September | 14968.9552 | 14423.6408 | 14625.6529 |
| October | 15178.2213 | 14846.7146 | 15049.1843 |
| November | 15538.0362 | 15113.0068 | 15345.5747 |
| December | 15566.0183 | 15418.8981 | 15503.0759 |