2023 BOB to LAK Historical Review

YEARLY HIGH

3005.6306 LAK

YEARLY LOW

2416.8342 LAK

YEARLY AVERAGE

2705.1205 LAK

2023 BOB to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 3005.6306. Conversely, the yearly low was recorded on February 18, dropping to 2416.8342.

This high-to-low spread represents a total annual volatility of 588.7964 LAK. From a start-to-finish perspective, comparing the January average rate of 2458.6712 to the December average rate of 2985.7415, the exchange rate registered a net change of 21.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3005.6306 was up 12.48% compared to the 2022 peak of 2672.1719, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,028,153 LAK

2022 Average 10,357,685 LAK

Yearly Trough Low 12,084,171 LAK

Transaction Impact: A difference of 2,943,981.99 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3053.4235

2386.1786

JanuMarcMayJulySeptNove

BOB 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 2504.8606, compared to 2905.3804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 400.5198 points.

H1 Avg (Jan–Jun) 2504.8606

H2 Avg (Jul–Dec) 2905.3804

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 181.7818 LAK (High: 2747.9477 / Low: 2566.1659). On the other end, March was the most stable month, with a tight range of 24.7976 LAK (High: 2462.6119 / Low: 2437.8143).

June Spread (Volatile) ±181.7818

March Spread (Stable) ±24.7976

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 16.8889 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -16.8889

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2997.8197) against the same month in 2022 (average: 2485.0112), the exchange rate shifted by +512.8085 (+20.64%).

2023 Avg (November) 2997.8197

2022 Avg (November) 2485.0112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2510.0784	2435.7034	2458.6712
February	2459.9530	2416.8342	2441.7824
March	2462.6119	2437.8143	2445.5797
April	2509.5708	2457.7110	2481.6095
May	2571.2380	2505.2170	2541.0933
June	2747.9477	2566.1659	2660.4275
July	2799.4517	2713.8485	2767.7010
August	2843.1879	2765.0602	2813.7345
September	2950.7068	2847.8325	2884.2323
October	3001.0199	2947.0035	2983.0533
November	3005.6306	2977.0808	2997.8197
December	3001.7914	2958.6295	2985.7415