YEARLY HIGH
2.1256 LRD
YEARLY LOW
1.7590 LRD
YEARLY AVERAGE
1.9866 LRD

2023 KGS to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 2.1256. Conversely, the yearly low was recorded on March 26, dropping to 1.7590.

This high-to-low spread represents a total annual volatility of 0.3666 LRD. From a start-to-finish perspective, comparing the January average rate of 1.8155 to the December average rate of 2.1118, the exchange rate registered a net change of 16.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1256 was up 10.81% compared to the 2022 peak of 1.9183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,628 LRD
2022 Average 9,099 LRD
Yearly Trough Low 8,795 LRD
Transaction Impact: A difference of 1,832.78 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1469
1.7676
JanuMarcMayJulySeptNove

KGS to LRD 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 1.8683, compared to 2.1050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2367 points.

H1 Avg (Jan–Jun) 1.8683
H2 Avg (Jul–Dec) 2.1050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1344 LRD (High: 2.0653 / Low: 1.9309). On the other end, September was the most stable month, with a tight range of 0.0110 LRD (High: 2.1106 / Low: 2.0995).

June Spread (Volatile) ±0.1344
September Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between 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 0.0164 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 2.1153) against the same month in 2022 (average: 1.8767), the exchange rate shifted by +0.2386 (+12.71%).

2023 Avg (August) 2.1153
2022 Avg (August) 1.8767

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8383 1.7864 1.8155
February 1.8214 1.7590 1.7992
March 1.8566 1.7590 1.8244
April 1.8881 1.8560 1.8647
May 1.9309 1.8896 1.9090
June 2.0653 1.9309 1.9969
July 2.1253 2.0653 2.0944
August 2.1256 2.1072 2.1153
September 2.1106 2.0995 2.1046
October 2.1052 2.0925 2.0973
November 2.1227 2.0992 2.1064
December 2.1195 2.1054 2.1118