YEARLY HIGH
1547.6471 LAK
YEARLY LOW
1262.4195 LAK
YEARLY AVERAGE
1398.1876 LAK

2023 BWP to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 1547.6471. Conversely, the yearly low was recorded on March 8, dropping to 1262.4195.

This high-to-low spread represents a total annual volatility of 285.2277 LAK. From a start-to-finish perspective, comparing the January average rate of 1330.0366 to the December average rate of 1529.3404, the exchange rate registered a net change of 14.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1547.6471 was up 8.57% compared to the 2022 peak of 1425.4482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,738,236 LAK
2022 Average 5,742,607 LAK
Yearly Trough Low 6,312,097 LAK
Transaction Impact: A difference of 1,426,138.30 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1556.3275
1251.2545
JanuMarcMayJulySeptNove

BWP 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 1312.3094, compared to 1484.0658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 171.7564 points.

H1 Avg (Jan–Jun) 1312.3094
H2 Avg (Jul–Dec) 1484.0658

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 131.7855 LAK (High: 1417.3756 / Low: 1285.5901). On the other end, November was the most stable month, with a tight range of 28.6845 LAK (High: 1547.6471 / Low: 1518.9626).

June Spread (Volatile) ±131.7855
November Spread (Stable) ±28.6845

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 40.1297 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -40.1297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1530.9047) against the same month in 2022 (average: 1312.9201), the exchange rate shifted by +217.9846 (+16.60%).

2023 Avg (November) 1530.9047
2022 Avg (November) 1312.9201

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1361.2574 1308.7082 1330.0366
February 1326.4767 1265.8862 1289.9069
March 1307.0966 1262.4195 1276.6772
April 1316.8785 1287.0055 1306.3267
May 1324.7095 1286.0758 1303.1992
June 1417.3756 1285.5901 1367.7097
July 1483.5470 1390.2393 1443.5240
August 1458.8887 1415.7752 1440.9049
September 1494.5165 1435.2071 1460.0747
October 1519.8929 1475.7654 1499.6458
November 1547.6471 1518.9626 1530.9047
December 1543.7311 1512.2460 1529.3404