2023 GNF to LAK Historical Review

YEARLY HIGH

2.4159 LAK

YEARLY LOW

1.9131 LAK

YEARLY AVERAGE

2.1685 LAK

2023 GNF to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 2.4159. Conversely, the yearly low was recorded on January 27, dropping to 1.9131.

This high-to-low spread represents a total annual volatility of 0.5028 LAK. From a start-to-finish perspective, comparing the January average rate of 1.9604 to the December average rate of 2.4011, the exchange rate registered a net change of 22.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4159 was up 12.74% compared to the 2022 peak of 2.1428, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,080 LAK

2022 Average 8,129 LAK

Yearly Trough Low 9,565 LAK

Transaction Impact: A difference of 2,514.21 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4514

1.9066

JanuMarcMayJulySeptNove

GNF 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 2.0043, compared to 2.3326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3283 points.

H1 Avg (Jan–Jun) 2.0043

H2 Avg (Jul–Dec) 2.3326

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1402 LAK (High: 2.2032 / Low: 2.0630). On the other end, December was the most stable month, with a tight range of 0.0255 LAK (High: 2.4124 / Low: 2.3868).

June Spread (Volatile) ±0.1402

December Spread (Stable) ±0.0255

Growth Streaks & Declines

Trends

Between February and November, 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 0.0084 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.4060) against the same month in 2022 (average: 1.9779), the exchange rate shifted by +0.4281 (+21.64%).

2023 Avg (November) 2.4060

2022 Avg (November) 1.9779

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0123	1.9131	1.9604
February	1.9669	1.9178	1.9520
March	1.9659	1.9175	1.9540
April	2.0157	1.9659	1.9935
May	2.0609	2.0065	2.0351
June	2.2032	2.0630	2.1310
July	2.2486	2.1682	2.2199
August	2.2878	2.2062	2.2579
September	2.3750	2.2876	2.3156
October	2.4123	2.3652	2.3950
November	2.4159	2.3766	2.4060
December	2.4124	2.3868	2.4011