YEARLY HIGH
0.4218 LRD
YEARLY LOW
0.3309 LRD
YEARLY AVERAGE
0.3825 LRD

2023 KZT to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.4218. Conversely, the yearly low was recorded on March 22, dropping to 0.3309.

This high-to-low spread represents a total annual volatility of 0.0909 LRD. From a start-to-finish perspective, comparing the January average rate of 0.3359 to the December average rate of 0.4099, the exchange rate registered a net change of 22.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4218 was up 15.54% compared to the 2022 peak of 0.3651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,109 LRD
2022 Average 1,659 LRD
Yearly Trough Low 1,655 LRD
Transaction Impact: A difference of 454.54 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4205
0.3282
JanuMarcMayJulySeptNove

KZT 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 0.3602, compared to 0.4049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0448 points.

H1 Avg (Jan–Jun) 0.3602
H2 Avg (Jul–Dec) 0.4049

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0389 LRD (High: 0.3699 / Low: 0.3309). On the other end, December was the most stable month, with a tight range of 0.0067 LRD (High: 0.4131 / Low: 0.4064).

March Spread (Volatile) ±0.0389
December Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between January and July, 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 August and September, when the average rate fell by 0.0135 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.4112) against the same month in 2022 (average: 0.3231), the exchange rate shifted by +0.0882 (+27.30%).

2023 Avg (August) 0.4112
2022 Avg (August) 0.3231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3410 0.3318 0.3359
February 0.3573 0.3326 0.3466
March 0.3699 0.3309 0.3536
April 0.3706 0.3562 0.3612
May 0.3786 0.3669 0.3743
June 0.3993 0.3763 0.3893
July 0.4193 0.3988 0.4128
August 0.4218 0.3998 0.4112
September 0.4065 0.3889 0.3977
October 0.3999 0.3895 0.3923
November 0.4111 0.3991 0.4055
December 0.4131 0.4064 0.4099