2023 LAK to CVE Historical Review

YEARLY HIGH

0.0062 CVE

YEARLY LOW

0.0048 CVE

YEARLY AVERAGE

0.0055 CVE

2023 LAK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 0.0062. Conversely, the yearly low was recorded on December 30, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0013 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0060 to the December average rate of 0.0049, the exchange rate registered a net change of -18.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0062 was down 30.55% compared to the 2022 peak of 0.0089, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31 CVE

2022 Average 38 CVE

Yearly Trough Low 24 CVE

Transaction Impact: A difference of 6.67 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0062

0.0048

JanuMarcMayJulySeptNove

LAK to CVE 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 0.0059, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0059

H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0005 CVE (High: 0.0058 / Low: 0.0053). On the other end, May was the most stable month, with a tight range of 0.0001 CVE (High: 0.0058 / Low: 0.0057).

June Spread (Volatile) ±0.0005

May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0061) against the same month in 2022 (average: 0.0087), the exchange rate shifted by -0.0026 (-29.92%).

2023 Avg (March) 0.0061

2022 Avg (March) 0.0087

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0061	0.0059	0.0060
February	0.0062	0.0060	0.0061
March	0.0062	0.0060	0.0061
April	0.0060	0.0058	0.0059
May	0.0058	0.0057	0.0058
June	0.0058	0.0053	0.0056
July	0.0054	0.0051	0.0052
August	0.0053	0.0051	0.0052
September	0.0053	0.0051	0.0052
October	0.0052	0.0050	0.0051
November	0.0051	0.0049	0.0049
December	0.0050	0.0048	0.0049