YEARLY HIGH
39.5277 LAK
YEARLY LOW
28.9715 LAK
YEARLY AVERAGE
34.5705 LAK

2023 CRC to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 39.5277. Conversely, the yearly low was recorded on January 7, dropping to 28.9715.

This high-to-low spread represents a total annual volatility of 10.5562 LAK. From a start-to-finish perspective, comparing the January average rate of 29.5690 to the December average rate of 39.3297, the exchange rate registered a net change of 33.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 39.5277 was up 30.70% compared to the 2022 peak of 30.2439, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 197,639 LAK
2022 Average 111,236 LAK
Yearly Trough Low 144,857 LAK
Transaction Impact: A difference of 52,781.17 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.3057
28.5929
JanuMarcMayJulySeptNove

CRC 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 31.5132, compared to 37.6278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1146 points.

H1 Avg (Jan–Jun) 31.5132
H2 Avg (Jul–Dec) 37.6278

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 2.3054 LAK (High: 35.1765 / Low: 32.8711). On the other end, December was the most stable month, with a tight range of 0.4231 LAK (High: 39.5277 / Low: 39.1046).

June Spread (Volatile) ±2.3054
December Spread (Stable) ±0.4231

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 39.3297) against the same month in 2022 (average: 29.3881), the exchange rate shifted by +9.9416 (+33.83%).

2023 Avg (December) 39.3297
2022 Avg (December) 29.3881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.4941 28.9715 29.5690
February 30.5344 29.0088 29.8659
March 31.5181 30.1747 30.9345
April 32.4405 31.4099 32.0118
May 32.9922 32.0367 32.6585
June 35.1765 32.8711 34.0396
July 35.9915 34.5449 35.3733
August 36.4810 35.0664 36.1262
September 38.1376 36.5090 37.2057
October 39.0638 38.0897 38.7269
November 39.1560 38.6844 39.0048
December 39.5277 39.1046 39.3297