2023 CRC to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 CRC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |