2023 CVE to LAK Historical Review

YEARLY HIGH

206.3046 LAK

YEARLY LOW

161.7846 LAK

YEARLY AVERAGE

183.0597 LAK

2023 CVE to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 206.3046. Conversely, the yearly low was recorded on March 4, dropping to 161.7846.

This high-to-low spread represents a total annual volatility of 44.5200 LAK. From a start-to-finish perspective, comparing the January average rate of 165.7774 to the December average rate of 204.1730, the exchange rate registered a net change of 23.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 206.3046 was up 19.48% compared to the 2022 peak of 172.6720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,031,523 LAK

2022 Average 676,718 LAK

Yearly Trough Low 808,923 LAK

Transaction Impact: A difference of 222,599.93 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

208.2168

159.6915

JanuMarcMayJulySeptNove

CVE 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 169.3929, compared to 196.7265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.3337 points.

H1 Avg (Jan–Jun) 169.3929

H2 Avg (Jul–Dec) 196.7265

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 15.4294 LAK (High: 187.6380 / Low: 172.2087). On the other end, May was the most stable month, with a tight range of 3.0721 LAK (High: 174.1757 / Low: 171.1036).

June Spread (Volatile) ±15.4294

May Spread (Stable) ±3.0721

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.0421 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -2.0421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 204.1730) against the same month in 2022 (average: 166.0387), the exchange rate shifted by +38.1343 (+22.97%).

2023 Avg (December) 204.1730

2022 Avg (December) 166.0387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	168.0693	163.5735	165.7774
February	166.9309	161.8004	163.7353
March	167.4215	161.7846	163.7448
April	172.7958	167.1763	170.2647
May	174.1757	171.1036	172.6578
June	187.6380	172.2087	180.1772
July	195.2470	185.0062	191.4198
August	194.4067	189.2317	192.2919
September	196.1786	190.3265	192.9334
October	199.4920	194.0107	197.1495
November	205.8034	195.8818	202.3916
December	206.3046	199.7630	204.1730