2023 JPY to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 JPY to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the JPY to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 145.9056. Conversely, the yearly low was recorded on March 7, dropping to 122.7535.
This high-to-low spread represents a total annual volatility of 23.1522 LAK. From a start-to-finish perspective, comparing the January average rate of 130.5176 to the December average rate of 143.7875, the exchange rate registered a net change of 10.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 145.9056 was up 10.31% compared to the 2022 peak of 132.2693, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
JPY 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 128.3218, compared to 137.3501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.0283 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 8.8399 LAK (High: 138.7807 / Low: 129.9408). On the other end, October was the most stable month, with a tight range of 3.0049 LAK (High: 138.9873 / Low: 135.9824).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.7956 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 143.7875) against the same month in 2022 (average: 128.5802), the exchange rate shifted by +15.2074 (+11.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 133.1952 | 129.0234 | 130.5176 |
| February | 130.9384 | 123.4870 | 126.7219 |
| March | 129.3176 | 122.7535 | 126.3537 |
| April | 130.8107 | 125.0333 | 128.3764 |
| May | 130.6260 | 125.6287 | 127.9145 |
| June | 131.8608 | 127.7563 | 130.0465 |
| July | 138.7807 | 129.9408 | 135.3813 |
| August | 137.1219 | 132.4214 | 134.2791 |
| September | 136.7914 | 133.1055 | 134.8013 |
| October | 138.9873 | 135.9824 | 137.7269 |
| November | 140.7098 | 136.4760 | 138.1243 |
| December | 145.9056 | 140.5943 | 143.7875 |