2023 HKD to LAK Historical Review

YEARLY HIGH

2659.3912 LAK

YEARLY LOW

2120.3575 LAK

YEARLY AVERAGE

2387.0008 LAK

2023 HKD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 2659.3912. Conversely, the yearly low was recorded on March 18, dropping to 2120.3575.

This high-to-low spread represents a total annual volatility of 539.0337 LAK. From a start-to-finish perspective, comparing the January average rate of 2172.5507 to the December average rate of 2644.8024, the exchange rate registered a net change of 21.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2659.3912 was up 12.73% compared to the 2022 peak of 2358.9806, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 66,484,779 LAK

2022 Average 45,590,824 LAK

Yearly Trough Low 53,008,937 LAK

Transaction Impact: A difference of 13,475,841.71 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2700.4297

2100.0200

JanuMarcMayJulySeptNove

HKD 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 2207.2698, compared to 2566.7318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 359.4620 points.

H1 Avg (Jan–Jun) 2207.2698

H2 Avg (Jul–Dec) 2566.7318

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 153.1168 LAK (High: 2416.4660 / Low: 2263.3491). On the other end, December was the most stable month, with a tight range of 28.3720 LAK (High: 2657.9624 / Low: 2629.5904).

June Spread (Volatile) ±153.1168

December Spread (Stable) ±28.3720

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 January and February, when the average rate fell by 22.0711 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -22.0711

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2650.3955) against the same month in 2022 (average: 2191.2577), the exchange rate shifted by +459.1378 (+20.95%).

2023 Avg (November) 2650.3955

2022 Avg (November) 2191.2577

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2222.2996	2148.2709	2172.5507
February	2166.3084	2129.1067	2150.4796
March	2166.2558	2120.3575	2150.0541
April	2208.9313	2158.9011	2184.1785
May	2267.6837	2200.8673	2239.6097
June	2416.4660	2263.3491	2346.7461
July	2471.0352	2393.2420	2444.1056
August	2505.3083	2445.4903	2484.1358
September	2609.2071	2509.4863	2544.7170
October	2652.4614	2602.0759	2632.2343
November	2659.3912	2627.0102	2650.3955
December	2657.9624	2629.5904	2644.8024