2023 FKP to LAK Historical Review

YEARLY HIGH

26372.9520 LAK

YEARLY LOW

19946.3132 LAK

YEARLY AVERAGE

23253.0507 LAK

2023 FKP to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 26372.9520. Conversely, the yearly low was recorded on March 7, dropping to 19946.3132.

This high-to-low spread represents a total annual volatility of 6426.6389 LAK. From a start-to-finish perspective, comparing the January average rate of 20800.2275 to the December average rate of 26161.2310, the exchange rate registered a net change of 25.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 26372.9520 was up 20.27% compared to the 2022 peak of 21928.1043, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 131,864,760 LAK

2022 Average 87,572,803 LAK

Yearly Trough Low 99,731,566 LAK

Transaction Impact: A difference of 32,133,194.33 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

26741.5421

19777.8087

JanuMarcMayJulySeptNove

FKP 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 21352.0983, compared to 25154.0030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3801.9047 points.

H1 Avg (Jan–Jun) 21352.0983

H2 Avg (Jul–Dec) 25154.0030

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1888.2836 LAK (High: 24091.7981 / Low: 22203.5145). On the other end, December was the most stable month, with a tight range of 367.2301 LAK (High: 26372.9520 / Low: 26005.7219).

June Spread (Volatile) ±1888.2836

December Spread (Stable) ±367.2301

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 442.1077 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -442.1077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 26161.2310) against the same month in 2022 (average: 21091.6554), the exchange rate shifted by +5069.5756 (+24.04%).

2023 Avg (December) 26161.2310

2022 Avg (December) 21091.6554

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20935.0393	20548.9567	20800.2275
February	20860.2819	20119.8508	20358.1198
March	20992.6609	19946.3132	20485.5628
April	21792.8996	20821.0127	21338.3639
May	22116.8392	21568.7302	21898.8294
June	24091.7981	22203.5145	23231.4863
July	25126.5998	23831.0341	24607.9980
August	24974.4514	24280.5790	24693.5819
September	24922.3937	24467.6505	24679.5908
October	25353.3379	24638.1268	25068.3834
November	26286.4437	25239.9229	25713.2330
December	26372.9520	26005.7219	26161.2310