2023 FJD to LAK Historical Review

YEARLY HIGH

9387.4006 LAK

YEARLY LOW

7504.6358 LAK

YEARLY AVERAGE

8376.0411 LAK

2023 FJD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 9387.4006. Conversely, the yearly low was recorded on March 10, dropping to 7504.6358.

This high-to-low spread represents a total annual volatility of 1882.7648 LAK. From a start-to-finish perspective, comparing the January average rate of 7800.3108 to the December average rate of 9323.6686, the exchange rate registered a net change of 19.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9387.4006 was up 13.50% compared to the 2022 peak of 8270.7610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,937,003 LAK

2022 Average 32,524,107 LAK

Yearly Trough Low 37,523,179 LAK

Transaction Impact: A difference of 9,413,823.87 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9495.1840

7436.9997

JanuMarcMayJulySeptNove

FJD 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 7832.5146, compared to 8919.5676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1087.0531 points.

H1 Avg (Jan–Jun) 7832.5146

H2 Avg (Jul–Dec) 8919.5676

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 599.8921 LAK (High: 8510.4274 / Low: 7910.5353). On the other end, December was the most stable month, with a tight range of 137.0006 LAK (High: 9387.4006 / Low: 9250.4000).

June Spread (Volatile) ±599.8921

December Spread (Stable) ±137.0006

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 108.5870 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -108.5870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 9323.6686) against the same month in 2022 (average: 7846.6301), the exchange rate shifted by +1477.0385 (+18.82%).

2023 Avg (December) 9323.6686

2022 Avg (December) 7846.6301

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7899.2892	7729.0549	7800.3108
February	7818.7738	7542.2325	7691.7238
March	7692.8297	7504.6358	7608.5151
April	7813.8158	7639.9445	7746.7556
May	7987.2140	7748.4525	7889.0961
June	8510.4274	7910.5353	8258.6861
July	8778.8363	8418.9972	8615.1761
August	8750.5556	8386.8580	8618.3046
September	8904.5290	8650.8233	8773.7041
October	9086.5873	8877.8394	9028.6170
November	9291.8695	9000.1721	9157.9354
December	9387.4006	9250.4000	9323.6686