2023 JOD to LAK Historical Review

YEARLY HIGH

29264.8343 LAK

YEARLY LOW

23446.8409 LAK

YEARLY AVERAGE

26347.7188 LAK

2023 JOD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 29264.8343. Conversely, the yearly low was recorded on March 19, dropping to 23446.8409.

This high-to-low spread represents a total annual volatility of 5817.9934 LAK. From a start-to-finish perspective, comparing the January average rate of 23948.4772 to the December average rate of 29114.3750, the exchange rate registered a net change of 21.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29264.8343 was up 12.46% compared to the 2022 peak of 26022.5670, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,324,172 LAK

2022 Average 100,708,431 LAK

Yearly Trough Low 117,234,205 LAK

Transaction Impact: A difference of 29,089,966.94 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29707.4883

23246.5062

JanuMarcMayJulySeptNove

JOD 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 24389.3365, compared to 28306.1010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3916.7645 points.

H1 Avg (Jan–Jun) 24389.3365

H2 Avg (Jul–Dec) 28306.1010

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1677.6290 LAK (High: 26667.8051 / Low: 24990.1761). On the other end, November was the most stable month, with a tight range of 281.6114 LAK (High: 29264.8343 / Low: 28983.2229).

June Spread (Volatile) ±1677.6290

November Spread (Stable) ±281.6114

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 163.5558 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -163.5558

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 29169.0731) against the same month in 2022 (average: 24197.2263), the exchange rate shifted by +4971.8468 (+20.55%).

2023 Avg (November) 29169.0731

2022 Avg (November) 24197.2263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24435.0530	23705.2947	23948.4772
February	23961.1140	23528.5786	23784.9213
March	23970.9614	23446.8409	23785.1986
April	24443.1914	23888.6635	24168.5183
May	25037.3477	24353.4497	24739.5223
June	26667.8051	24990.1761	25909.3813
July	27189.9259	26434.1085	26940.8645
August	27747.0000	26966.5302	27460.8594
September	28795.4096	27781.7001	28117.2067
October	29246.8184	28727.5557	29034.2274
November	29264.8343	28983.2229	29169.0731
December	29257.6479	28943.4674	29114.3750