YEARLY HIGH
1.1015 SLL
YEARLY LOW
0.9163 SLL
YEARLY AVERAGE
1.0214 SLL

2023 LAK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 1.1015. Conversely, the yearly low was recorded on July 26, dropping to 0.9163.

This high-to-low spread represents a total annual volatility of 0.1851 SLL. From a start-to-finish perspective, comparing the January average rate of 1.0399 to the December average rate of 1.0153, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1015 was up 0.85% compared to the 2022 peak of 1.0922, 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 5,507 SLL
2022 Average 4,822 SLL
Yearly Trough Low 4,582 SLL
Transaction Impact: A difference of 925.69 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0918
0.9337
JanuMarcMayJulySeptNove

LAK to SLL 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 1.0220, compared to 1.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 1.0220
H2 Avg (Jul–Dec) 1.0208

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1851 SLL (High: 1.1015 / Low: 0.9163). On the other end, November was the most stable month, with a tight range of 0.0098 SLL (High: 1.0200 / Low: 1.0102).

July Spread (Volatile) ±0.1851
November Spread (Stable) ±0.0098

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 0.0451 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.9468) against the same month in 2022 (average: 0.9006), the exchange rate shifted by +0.0463 (+5.14%).

2023 Avg (July) 0.9468
2022 Avg (July) 0.9006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0506 1.0184 1.0399
February 1.0574 1.0392 1.0468
March 1.0613 1.0388 1.0468
April 1.0424 1.0187 1.0304
May 1.0225 0.9947 1.0065
June 0.9966 0.9336 0.9614
July 1.1015 0.9163 0.9468
August 1.0982 1.0673 1.0786
September 1.0658 1.0262 1.0525
October 1.0290 1.0108 1.0181
November 1.0200 1.0102 1.0135
December 1.0210 1.0102 1.0153