YEARLY HIGH
0.0021 THB
YEARLY LOW
0.0017 THB
YEARLY AVERAGE
0.0019 THB

2023 LAK to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0021. Conversely, the yearly low was recorded on December 29, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0004 THB. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0017, the exchange rate registered a net change of -13.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0021 was down 30.54% compared to the 2022 peak of 0.0030, 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 10 THB
2022 Average 13 THB
Yearly Trough Low 8 THB
Transaction Impact: A difference of 2.10 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0021
0.0017
JanuMarcMayJulySeptNove

LAK to THB 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 0.0020, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0020
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0001 THB (High: 0.0021 / Low: 0.0019). On the other end, September was the most stable month, with a tight range of 0.0000 THB (High: 0.0018 / Low: 0.0018).

February Spread (Volatile) ±0.0001
September Spread (Stable) ±0.0000

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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0020) against the same month in 2022 (average: 0.0029), the exchange rate shifted by -0.0008 (-29.44%).

2023 Avg (February) 0.0020
2022 Avg (February) 0.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0019 0.0020
February 0.0021 0.0019 0.0020
March 0.0021 0.0020 0.0020
April 0.0020 0.0020 0.0020
May 0.0020 0.0019 0.0019
June 0.0020 0.0019 0.0019
July 0.0019 0.0018 0.0018
August 0.0018 0.0018 0.0018
September 0.0018 0.0018 0.0018
October 0.0018 0.0017 0.0018
November 0.0017 0.0017 0.0017
December 0.0017 0.0017 0.0017