YEARLY HIGH
0.0572 KGS
YEARLY LOW
0.0056 KGS
YEARLY AVERAGE
0.0108 KGS

2023 LBP to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0572. Conversely, the yearly low was recorded on February 6, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0516 KGS. From a start-to-finish perspective, comparing the January average rate of 0.0565 to the December average rate of 0.0059, the exchange rate registered a net change of -89.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0572 was down 16.11% compared to the 2022 peak of 0.0681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LBP based on timing:

Yearly Peak High 286 KGS
2022 Average 278 KGS
Yearly Trough Low 28 KGS
Transaction Impact: A difference of 257.76 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0615
0.0007
JanuMarcMayJulySeptNove

LBP to KGS 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 0.0158, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.0158
H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0516 KGS (High: 0.0572 / Low: 0.0056). On the other end, December was the most stable month, with a tight range of 0.0001 KGS (High: 0.0059 / Low: 0.0059).

February Spread (Volatile) ±0.0516
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0416 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0149) against the same month in 2022 (average: 0.0565), the exchange rate shifted by -0.0416 (-73.60%).

2023 Avg (February) 0.0149
2022 Avg (February) 0.0565

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0570 0.0552 0.0565
February 0.0572 0.0056 0.0149
March 0.0059 0.0057 0.0058
April 0.0059 0.0057 0.0058
May 0.0058 0.0057 0.0058
June 0.0058 0.0057 0.0058
July 0.0059 0.0058 0.0058
August 0.0059 0.0058 0.0058
September 0.0059 0.0058 0.0059
October 0.0060 0.0059 0.0059
November 0.0060 0.0059 0.0059
December 0.0059 0.0059 0.0059