2023 KPW to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 KPW to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the KPW to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 23.0648. Conversely, the yearly low was recorded on March 19, dropping to 18.4943.
This high-to-low spread represents a total annual volatility of 4.5704 LAK. From a start-to-finish perspective, comparing the January average rate of 18.8773 to the December average rate of 22.9496, 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 23.0648 was up 12.51% compared to the 2022 peak of 20.5000, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KPW based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
KPW 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 19.2253, compared to 22.2995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0742 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 1.3281 LAK (High: 21.0231 / Low: 19.6950). On the other end, November was the most stable month, with a tight range of 0.2219 LAK (High: 23.0639 / Low: 22.8420).
Growth Streaks & Declines
TrendsBetween 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 0.1277 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 22.9496) against the same month in 2022 (average: 19.2516), the exchange rate shifted by +3.6980 (+19.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.2738 | 18.6824 | 18.8773 |
| February | 18.8867 | 18.5614 | 18.7497 |
| March | 18.8944 | 18.4943 | 18.7507 |
| April | 19.2667 | 18.8296 | 19.0496 |
| May | 19.7322 | 19.1959 | 19.5019 |
| June | 21.0231 | 19.6950 | 20.4227 |
| July | 21.4196 | 20.8389 | 21.2295 |
| August | 21.8307 | 21.2167 | 21.6027 |
| September | 22.7036 | 21.8611 | 22.1392 |
| October | 23.0497 | 22.6437 | 22.8866 |
| November | 23.0639 | 22.8420 | 22.9894 |
| December | 23.0648 | 22.8203 | 22.9496 |