YEARLY HIGH
0.9103 LBP
YEARLY LOW
0.0872 LBP
YEARLY AVERAGE
0.7332 LBP

2023 LAK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.9103. Conversely, the yearly low was recorded on January 2, dropping to 0.0872.

This high-to-low spread represents a total annual volatility of 0.8231 LBP. From a start-to-finish perspective, comparing the January average rate of 0.0892 to the December average rate of 0.7287, the exchange rate registered a net change of 716.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9103 was up 572.86% compared to the 2022 peak of 0.1353, 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 4,552 LBP
2022 Average 544 LBP
Yearly Trough Low 436 LBP
Transaction Impact: A difference of 4,115.71 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9737
0.0088
JanuMarcMayJulySeptNove

LAK to LBP 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 0.7162, compared to 0.7503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0342 points.

H1 Avg (Jan–Jun) 0.7162
H2 Avg (Jul–Dec) 0.7503

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.8207 LBP (High: 0.9103 / Low: 0.0896). On the other end, January was the most stable month, with a tight range of 0.0032 LBP (High: 0.0904 / Low: 0.0872).

February Spread (Volatile) ±0.8207
January Spread (Stable) ±0.0032

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 0.0365 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.7513) against the same month in 2022 (average: 0.1328), the exchange rate shifted by +0.6185 (+465.58%).

2023 Avg (February) 0.7513
2022 Avg (February) 0.1328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0904 0.0872 0.0892
February 0.9103 0.0896 0.7513
March 0.9042 0.8843 0.8933
April 0.8971 0.8702 0.8805
May 0.8763 0.8485 0.8595
June 0.8465 0.7940 0.8230
July 0.8012 0.7759 0.7885
August 0.7993 0.7644 0.7746
September 0.7691 0.7372 0.7556
October 0.7378 0.7229 0.7292
November 0.7268 0.7227 0.7252
December 0.7341 0.7245 0.7287