2023 ISK to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ISK to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ISK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 151.5229. Conversely, the yearly low was recorded on February 18, dropping to 115.9124.
This high-to-low spread represents a total annual volatility of 35.6105 LAK. From a start-to-finish perspective, comparing the January average rate of 118.8949 to the December average rate of 149.8447, the exchange rate registered a net change of 26.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 151.5229 was up 17.87% compared to the 2022 peak of 128.5503, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ISK to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 123.8744, compared to 147.5256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.6512 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 12.0460 LAK (High: 139.2932 / Low: 127.2472). On the other end, May was the most stable month, with a tight range of 3.3553 LAK (High: 128.3344 / Low: 124.9791).
Growth Streaks & Declines
TrendsBetween 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 0.9385 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 149.8447) against the same month in 2022 (average: 121.7562), the exchange rate shifted by +28.0885 (+23.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 122.2023 | 117.0502 | 118.8949 |
| February | 120.8090 | 115.9124 | 117.9564 |
| March | 124.7798 | 118.2944 | 120.6320 |
| April | 127.9227 | 122.9352 | 125.6116 |
| May | 128.3344 | 124.9791 | 126.7723 |
| June | 139.2932 | 127.2472 | 133.3791 |
| July | 146.6719 | 137.6312 | 144.0267 |
| August | 150.6953 | 144.5058 | 147.4815 |
| September | 149.2264 | 145.3779 | 147.2439 |
| October | 150.1261 | 145.5874 | 148.6187 |
| November | 150.9802 | 144.3401 | 147.9380 |
| December | 151.5229 | 148.1419 | 149.8447 |