2023 MDL to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MDL to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MDL to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1188.2216. Conversely, the yearly low was recorded on January 14, dropping to 882.6032.
This high-to-low spread represents a total annual volatility of 305.6184 LAK. From a start-to-finish perspective, comparing the January average rate of 894.6140 to the December average rate of 1173.2423, the exchange rate registered a net change of 31.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1188.2216 was up 23.46% compared to the 2022 peak of 962.4404, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MDL to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 944.3220, compared to 1124.1615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 179.8394 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 79.2070 LAK (High: 1104.0695 / Low: 1024.8624). On the other end, February was the most stable month, with a tight range of 15.6714 LAK (High: 907.2648 / Low: 891.5934).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 1173.2423) against the same month in 2022 (average: 896.5701), the exchange rate shifted by +276.6722 (+30.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 906.6946 | 882.6032 | 894.6140 |
| February | 907.2648 | 891.5934 | 898.9754 |
| March | 929.1487 | 894.6340 | 907.0418 |
| April | 966.9602 | 925.8867 | 950.5440 |
| May | 1000.3586 | 963.4976 | 987.9167 |
| June | 1059.8192 | 998.9174 | 1026.8401 |
| July | 1104.0695 | 1024.8624 | 1068.0509 |
| August | 1108.4201 | 1084.1759 | 1099.7712 |
| September | 1121.5759 | 1097.7639 | 1108.5075 |
| October | 1148.4532 | 1116.9084 | 1136.0652 |
| November | 1170.5361 | 1139.9246 | 1159.3317 |
| December | 1188.2216 | 1156.4578 | 1173.2423 |