2023 ETB to LAK Historical Review

YEARLY HIGH

373.5936 LAK

YEARLY LOW

311.3754 LAK

YEARLY AVERAGE

341.0492 LAK

2023 ETB to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 373.5936. Conversely, the yearly low was recorded on February 18, dropping to 311.3754.

This high-to-low spread represents a total annual volatility of 62.2182 LAK. From a start-to-finish perspective, comparing the January average rate of 316.7536 to the December average rate of 367.7989, the exchange rate registered a net change of 16.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 373.5936 was up 7.66% compared to the 2022 peak of 346.9984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,867,968 LAK

2022 Average 1,371,137 LAK

Yearly Trough Low 1,556,877 LAK

Transaction Impact: A difference of 311,091.11 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

376.8772

308.2375

JanuMarcMayJulySeptNove

ETB 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 320.1559, compared to 361.9424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 41.7865 points.

H1 Avg (Jan–Jun) 320.1559

H2 Avg (Jul–Dec) 361.9424

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 23.0536 LAK (High: 347.7615 / Low: 324.7079). On the other end, March was the most stable month, with a tight range of 2.2466 LAK (High: 315.4917 / Low: 313.2450).

June Spread (Volatile) ±23.0536

March Spread (Stable) ±2.2466

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.3583 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -3.3583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 370.3982) against the same month in 2022 (average: 319.6631), the exchange rate shifted by +50.7350 (+15.87%).

2023 Avg (October) 370.3982

2022 Avg (October) 319.6631

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	323.6018	313.8384	316.7536
February	316.6486	311.3754	314.1896
March	315.4917	313.2450	313.9575
April	320.2808	312.3859	316.4743
May	326.7524	319.3710	322.8050
June	347.7615	324.7079	336.7554
July	352.2320	343.4982	348.4865
August	356.3939	348.5761	352.9763
September	369.8990	356.2383	360.8374
October	373.5936	366.2410	370.3982
November	373.2196	368.1759	371.1572
December	371.8542	364.6710	367.7989