YEARLY HIGH
0.0098 LRD
YEARLY LOW
0.0089 LRD
YEARLY AVERAGE
0.0094 LRD

2023 LAK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 0.0098. Conversely, the yearly low was recorded on January 2, dropping to 0.0089.

This high-to-low spread represents a total annual volatility of 0.0009 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0091 to the December average rate of 0.0091, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0098 was down 27.97% compared to the 2022 peak of 0.0136, 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 49 LRD
2022 Average 55 LRD
Yearly Trough Low 45 LRD
Transaction Impact: A difference of 4.30 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0097
0.0090
JanuMarcMayJulySeptNove

LAK 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 0.0094, compared to 0.0093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0094
H2 Avg (Jul–Dec) 0.0093

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0006 LRD (High: 0.0097 / Low: 0.0091). On the other end, November was the most stable month, with a tight range of 0.0001 LRD (High: 0.0091 / Low: 0.0090).

March Spread (Volatile) ±0.0006
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0096) against the same month in 2022 (average: 0.0101), the exchange rate shifted by -0.0005 (-4.81%).

2023 Avg (August) 0.0096
2022 Avg (August) 0.0101

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0093 0.0089 0.0091
February 0.0094 0.0090 0.0093
March 0.0097 0.0091 0.0095
April 0.0097 0.0095 0.0095
May 0.0096 0.0095 0.0095
June 0.0096 0.0094 0.0095
July 0.0098 0.0095 0.0096
August 0.0098 0.0095 0.0096
September 0.0095 0.0091 0.0094
October 0.0092 0.0090 0.0091
November 0.0091 0.0090 0.0091
December 0.0092 0.0091 0.0091