2023 DKK to LAK Historical Review

YEARLY HIGH

3062.8960 LAK

YEARLY LOW

2384.5554 LAK

YEARLY AVERAGE

2712.2793 LAK

2023 DKK to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3062.8960. Conversely, the yearly low was recorded on March 18, dropping to 2384.5554.

This high-to-low spread represents a total annual volatility of 678.3405 LAK. From a start-to-finish perspective, comparing the January average rate of 2462.9638 to the December average rate of 3025.0594, the exchange rate registered a net change of 22.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3062.8960 was up 19.52% compared to the 2022 peak of 2562.7492, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,314,480 LAK

2022 Average 10,052,967 LAK

Yearly Trough Low 11,922,777 LAK

Transaction Impact: A difference of 3,391,702.62 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3085.1125

2364.4752

JanuMarcMayJulySeptNove

DKK 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 2511.7277, compared to 2912.8308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 401.1031 points.

H1 Avg (Jan–Jun) 2511.7277

H2 Avg (Jul–Dec) 2912.8308

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 220.3459 LAK (High: 2781.3630 / Low: 2561.0171). On the other end, May was the most stable month, with a tight range of 45.3780 LAK (High: 2584.2564 / Low: 2538.8784).

June Spread (Volatile) ±220.3459

May Spread (Stable) ±45.3780

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 38.4355 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -38.4355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3025.0594) against the same month in 2022 (average: 2466.9956), the exchange rate shifted by +558.0637 (+22.62%).

2023 Avg (December) 3025.0594

2022 Avg (December) 2466.9956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2492.7068	2441.0446	2462.9638
February	2492.8985	2387.6410	2424.5283
March	2481.0194	2384.5554	2426.5505
April	2563.0035	2457.6996	2521.7840
May	2584.2564	2538.8784	2559.2066
June	2781.3630	2561.0171	2675.3332
July	2888.2982	2748.2068	2835.3933
August	2881.4364	2806.5611	2845.6939
September	2897.2199	2822.6906	2852.3820
October	2959.0807	2863.8399	2916.8663
November	3052.1415	2939.4569	3001.5901
December	3062.8960	2992.0885	3025.0594