YEARLY HIGH
0.1509 SYP
YEARLY LOW
0.1210 SYP
YEARLY AVERAGE
0.1353 SYP

2023 LAK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1509. Conversely, the yearly low was recorded on December 10, dropping to 0.1210.

This high-to-low spread represents a total annual volatility of 0.0299 SYP. From a start-to-finish perspective, comparing the January average rate of 0.1479 to the December average rate of 0.1216, the exchange rate registered a net change of -17.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1509 was down 32.83% compared to the 2022 peak of 0.2247, 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 755 SYP
2022 Average 903 SYP
Yearly Trough Low 605 SYP
Transaction Impact: A difference of 149.56 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1516
0.1187
JanuMarcMayJulySeptNove

LAK to SYP 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 0.1454, compared to 0.1253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0200 points.

H1 Avg (Jan–Jun) 0.1454
H2 Avg (Jul–Dec) 0.1253

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0090 SYP (High: 0.1417 / Low: 0.1328). On the other end, November was the most stable month, with a tight range of 0.0012 SYP (High: 0.1222 / Low: 0.1210).

June Spread (Volatile) ±0.0090
November Spread (Stable) ±0.0012

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 0.0064 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1489) against the same month in 2022 (average: 0.2177), the exchange rate shifted by -0.0688 (-31.61%).

2023 Avg (March) 0.1489
2022 Avg (March) 0.2177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1494 0.1448 0.1479
February 0.1504 0.1478 0.1489
March 0.1509 0.1478 0.1489
April 0.1483 0.1449 0.1466
May 0.1454 0.1415 0.1432
June 0.1417 0.1328 0.1367
July 0.1340 0.1303 0.1315
August 0.1316 0.1279 0.1292
September 0.1277 0.1230 0.1261
October 0.1233 0.1211 0.1220
November 0.1222 0.1210 0.1214
December 0.1223 0.1210 0.1216