YEARLY HIGH
3.0217 KZT
YEARLY LOW
2.3705 KZT
YEARLY AVERAGE
2.6274 KZT

2023 LRD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 3.0217. Conversely, the yearly low was recorded on August 6, dropping to 2.3705.

This high-to-low spread represents a total annual volatility of 0.6512 KZT. From a start-to-finish perspective, comparing the January average rate of 2.9772 to the December average rate of 2.4394, the exchange rate registered a net change of -18.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0217 was down 11.32% compared to the 2022 peak of 3.4073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,109 KZT
2022 Average 15,099 KZT
Yearly Trough Low 11,853 KZT
Transaction Impact: A difference of 3,255.91 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0327
2.3676
JanuMarcMayJulySeptNove

LRD to KZT 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 2.7839, compared to 2.4708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3131 points.

H1 Avg (Jan–Jun) 2.7839
H2 Avg (Jul–Dec) 2.4708

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3182 KZT (High: 3.0217 / Low: 2.7035). On the other end, December was the most stable month, with a tight range of 0.0399 KZT (High: 2.4604 / Low: 2.4204).

March Spread (Volatile) ±0.3182
December Spread (Stable) ±0.0399

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.1469 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1469

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.8305) against the same month in 2022 (average: 3.2810), the exchange rate shifted by -0.4506 (-13.73%).

2023 Avg (March) 2.8305
2022 Avg (March) 3.2810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0137 2.9326 2.9772
February 3.0064 2.7988 2.8859
March 3.0217 2.7035 2.8305
April 2.8075 2.6984 2.7685
May 2.7252 2.6414 2.6716
June 2.6578 2.5045 2.5698
July 2.5072 2.3849 2.4230
August 2.5013 2.3705 2.4324
September 2.5714 2.4603 2.5146
October 2.5671 2.5009 2.5493
November 2.5058 2.4326 2.4662
December 2.4604 2.4204 2.4394