YEARLY HIGH
0.0787 KRW
YEARLY LOW
0.0623 KRW
YEARLY AVERAGE
0.0703 KRW

2023 LAK to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0787. Conversely, the yearly low was recorded on November 20, dropping to 0.0623.

This high-to-low spread represents a total annual volatility of 0.0164 KRW. From a start-to-finish perspective, comparing the January average rate of 0.0731 to the December average rate of 0.0630, the exchange rate registered a net change of -13.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0787 was down 27.24% compared to the 2022 peak of 0.1081, 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 393 KRW
2022 Average 460 KRW
Yearly Trough Low 311 KRW
Transaction Impact: A difference of 82.07 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0788
0.0616
JanuMarcMayJulySeptNove

LAK to KRW 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 0.0749, compared to 0.0657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.0749
H2 Avg (Jul–Dec) 0.0657

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0057 KRW (High: 0.0782 / Low: 0.0726). On the other end, December was the most stable month, with a tight range of 0.0012 KRW (High: 0.0636 / Low: 0.0624).

February Spread (Volatile) ±0.0057
December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0052 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0773) against the same month in 2022 (average: 0.1058), the exchange rate shifted by -0.0285 (-26.93%).

2023 Avg (March) 0.0773
2022 Avg (March) 0.1058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0740 0.0724 0.0731
February 0.0782 0.0726 0.0758
March 0.0787 0.0763 0.0773
April 0.0785 0.0758 0.0771
May 0.0777 0.0744 0.0757
June 0.0741 0.0686 0.0705
July 0.0702 0.0661 0.0673
August 0.0696 0.0668 0.0681
September 0.0679 0.0662 0.0669
October 0.0665 0.0648 0.0656
November 0.0651 0.0623 0.0632
December 0.0636 0.0624 0.0630