YEARLY HIGH
0.0033 PHP
YEARLY LOW
0.0027 PHP
YEARLY AVERAGE
0.0030 PHP

2023 LAK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0033. Conversely, the yearly low was recorded on November 23, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0006 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0032 to the December average rate of 0.0027, the exchange rate registered a net change of -16.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0033 was down 27.76% compared to the 2022 peak of 0.0046, 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 17 PHP
2022 Average 19 PHP
Yearly Trough Low 13 PHP
Transaction Impact: A difference of 3.23 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0033
0.0026
JanuMarcMayJulySeptNove

LAK to PHP 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: JanтАУJun) was 0.0032, compared to 0.0028 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0004 points.

H1 Avg (JanтАУJun) 0.0032
H2 Avg (JulтАУDec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0002 PHP (High: 0.0032 / Low: 0.0029). On the other end, December was the most stable month, with a tight range of 0.0000 PHP (High: 0.0027 / Low: 0.0027).

June Spread (Volatile) ┬▒0.0002
December Spread (Stable) ┬▒0.0000

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 June and July, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0033) against the same month in 2022 (average: 0.0045), the exchange rate shifted by -0.0013 (-27.78%).

2023 Avg (February) 0.0033
2022 Avg (February) 0.0045

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Month High Low Average
January 0.0033 0.0032 0.0032
February 0.0033 0.0032 0.0033
March 0.0033 0.0032 0.0032
April 0.0033 0.0032 0.0032
May 0.0032 0.0032 0.0032
June 0.0032 0.0029 0.0030
July 0.0029 0.0028 0.0029
August 0.0029 0.0029 0.0029
September 0.0029 0.0028 0.0029
October 0.0028 0.0027 0.0028
November 0.0027 0.0027 0.0027
December 0.0027 0.0027 0.0027