2023 BZD to LAK Historical Review

YEARLY HIGH

10303.5372 LAK

YEARLY LOW

8285.3354 LAK

YEARLY AVERAGE

9275.0497 LAK

2023 BZD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 10303.5372. Conversely, the yearly low was recorded on February 18, dropping to 8285.3354.

This high-to-low spread represents a total annual volatility of 2018.2018 LAK. From a start-to-finish perspective, comparing the January average rate of 8428.5464 to the December average rate of 10236.2944, the exchange rate registered a net change of 21.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10303.5372 was up 12.48% compared to the 2022 peak of 9160.4554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,517,686 LAK

2022 Average 35,430,544 LAK

Yearly Trough Low 41,426,677 LAK

Transaction Impact: A difference of 10,091,009.17 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10467.4940

8180.0681

JanuMarcMayJulySeptNove

BZD 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 8589.7325, compared to 9960.3669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1370.6344 points.

H1 Avg (Jan–Jun) 8589.7325

H2 Avg (Jul–Dec) 9960.3669

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 623.2042 LAK (High: 9420.3172 / Low: 8797.1131). On the other end, March was the most stable month, with a tight range of 77.6439 LAK (High: 8442.5033 / Low: 8364.8594).

June Spread (Volatile) ±623.2042

March Spread (Stable) ±77.6439

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 57.8595 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -57.8595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 10276.8752) against the same month in 2022 (average: 8520.4931), the exchange rate shifted by +1756.3821 (+20.61%).

2023 Avg (November) 10276.8752

2022 Avg (November) 8520.4931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8604.8010	8349.6342	8428.5464
February	8433.2280	8285.3354	8370.6870
March	8442.5033	8364.8594	8392.9602
April	8603.1919	8425.4272	8514.2292
May	8814.2216	8588.1896	8711.7648
June	9420.3172	8797.1131	9120.2074
July	9597.2178	9303.8599	9490.1557
August	9746.3454	9477.7579	9645.5439
September	10115.3316	9762.6546	9887.2738
October	10288.3522	10102.6364	10226.0587
November	10303.5372	10205.3804	10276.8752
December	10286.6869	10142.2719	10236.2944