2023 CNY to LAK Historical Review

YEARLY HIGH

2929.5827 LAK

YEARLY LOW

2416.7895 LAK

YEARLY AVERAGE

2638.9624 LAK

2023 CNY to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 2929.5827. Conversely, the yearly low was recorded on March 18, dropping to 2416.7895.

This high-to-low spread represents a total annual volatility of 512.7933 LAK. From a start-to-finish perspective, comparing the January average rate of 2501.5379 to the December average rate of 2901.6189, the exchange rate registered a net change of 15.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2929.5827 was up 13.05% compared to the 2022 peak of 2591.3285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 73,239,568 LAK

2022 Average 52,798,457 LAK

Yearly Trough Low 60,419,737 LAK

Transaction Impact: A difference of 12,819,831.61 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2946.9437

2403.0470

JanuMarcMayJulySeptNove

CNY 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 2497.6520, compared to 2780.2727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 282.6206 points.

H1 Avg (Jan–Jun) 2497.6520

H2 Avg (Jul–Dec) 2780.2727

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 136.7575 LAK (High: 2635.2467 / Low: 2498.4892). On the other end, May was the most stable month, with a tight range of 37.2210 LAK (High: 2528.7240 / Low: 2491.5030).

June Spread (Volatile) ±136.7575

May Spread (Stable) ±37.2210

Growth Streaks & Declines

Trends

Between 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 35.6309 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -35.6309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2901.6189) against the same month in 2022 (average: 2484.5410), the exchange rate shifted by +417.0780 (+16.79%).

2023 Avg (December) 2901.6189

2022 Avg (December) 2484.5410

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2541.3994	2481.7572	2501.5379
February	2508.9072	2422.9265	2465.9070
March	2475.6872	2416.7895	2448.3717
April	2508.6080	2465.8989	2489.5241
May	2528.7240	2491.5030	2511.6101
June	2635.2467	2498.4892	2568.9614
July	2702.7110	2585.5770	2658.7341
August	2710.7935	2645.0231	2685.5775
September	2801.2973	2679.4226	2732.2000
October	2884.9323	2796.2853	2831.5044
November	2923.0021	2816.1370	2872.0011
December	2929.5827	2878.3699	2901.6189