2023 CAD to LAK Historical Review

YEARLY HIGH

15601.9244 LAK

YEARLY LOW

12086.4919 LAK

YEARLY AVERAGE

13841.0995 LAK

2023 CAD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 15601.9244. Conversely, the yearly low was recorded on March 18, dropping to 12086.4919.

This high-to-low spread represents a total annual volatility of 3515.4324 LAK. From a start-to-finish perspective, comparing the January average rate of 12659.5653 to the December average rate of 15402.4437, the exchange rate registered a net change of 21.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15601.9244 was up 13.13% compared to the 2022 peak of 13790.8353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,009,622 LAK

2022 Average 54,672,053 LAK

Yearly Trough Low 60,432,460 LAK

Transaction Impact: A difference of 17,577,162.11 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15710.8779

12009.6683

JanuMarcMayJulySeptNove

CAD 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 12834.9923, compared to 14847.2066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2012.2143 points.

H1 Avg (Jan–Jun) 12834.9923

H2 Avg (Jul–Dec) 14847.2066

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1185.9612 LAK (High: 14369.3336 / Low: 13183.3723). On the other end, November was the most stable month, with a tight range of 275.1515 LAK (High: 15256.0834 / Low: 14980.9319).

June Spread (Volatile) ±1185.9612

November Spread (Stable) ±275.1515

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 221.4941 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -221.4941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 15402.4437) against the same month in 2022 (average: 12735.1127), the exchange rate shifted by +2667.3310 (+20.94%).

2023 Avg (December) 15402.4437

2022 Avg (December) 12735.1127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12845.9945	12488.7380	12659.5653
February	12685.8608	12358.6572	12539.5965
March	12569.7601	12086.4919	12318.1024
April	12860.9817	12481.9935	12684.3251
May	13098.4493	12745.8314	12973.9092
June	14369.3336	13183.3723	13834.4552
July	14606.3195	14156.5333	14442.0157
August	14542.0381	14194.6420	14418.1909
September	15087.8356	14403.8947	14705.2987
October	15207.6482	14892.8230	15020.5552
November	15256.0834	14980.9319	15094.7354
December	15601.9244	15242.9387	15402.4437