YEARLY HIGH
0.5227 GNF
YEARLY LOW
0.4139 GNF
YEARLY AVERAGE
0.4643 GNF

2023 LAK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.5227. Conversely, the yearly low was recorded on November 10, dropping to 0.4139.

This high-to-low spread represents a total annual volatility of 0.1088 GNF. From a start-to-finish perspective, comparing the January average rate of 0.5101 to the December average rate of 0.4165, the exchange rate registered a net change of -18.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5227 was down 37.31% compared to the 2022 peak of 0.8338, 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 2,614 GNF
2022 Average 3,172 GNF
Yearly Trough Low 2,070 GNF
Transaction Impact: A difference of 543.99 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5220
0.4060
JanuMarcMayJulySeptNove

LAK to GNF 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 0.4995, compared to 0.4292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0703 points.

H1 Avg (Jan–Jun) 0.4995
H2 Avg (Jul–Dec) 0.4292

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0309 GNF (High: 0.4847 / Low: 0.4539). On the other end, December was the most stable month, with a tight range of 0.0044 GNF (High: 0.4190 / Low: 0.4145).

June Spread (Volatile) ±0.0309
December Spread (Stable) ±0.0044

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 May and June, when the average rate fell by 0.0220 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5101) against the same month in 2022 (average: 0.8065), the exchange rate shifted by -0.2963 (-36.74%).

2023 Avg (January) 0.5101
2022 Avg (January) 0.8065

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5227 0.4970 0.5101
February 0.5214 0.5084 0.5123
March 0.5215 0.5087 0.5118
April 0.5087 0.4961 0.5016
May 0.4984 0.4852 0.4914
June 0.4847 0.4539 0.4694
July 0.4612 0.4447 0.4505
August 0.4533 0.4371 0.4429
September 0.4371 0.4210 0.4319
October 0.4228 0.4145 0.4176
November 0.4208 0.4139 0.4156
December 0.4190 0.4145 0.4165