2023 MXN to LAK Historical Review

YEARLY HIGH

1214.5320 LAK

YEARLY LOW

880.0313 LAK

YEARLY AVERAGE

1057.0705 LAK

2023 MXN to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1214.5320. Conversely, the yearly low was recorded on March 18, dropping to 880.0313.

This high-to-low spread represents a total annual volatility of 334.5007 LAK. From a start-to-finish perspective, comparing the January average rate of 895.8892 to the December average rate of 1203.2699, the exchange rate registered a net change of 34.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1214.5320 was up 28.05% compared to the 2022 peak of 948.4798, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 60,726,600 LAK

2022 Average 35,598,535 LAK

Yearly Trough Low 44,001,566 LAK

Transaction Impact: A difference of 16,725,034.27 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1234.0079

865.1512

JanuMarcMayJulySeptNove

MXN to LAK 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 954.2801, compared to 1159.8610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 205.5809 points.

H1 Avg (Jan–Jun) 954.2801

H2 Avg (Jul–Dec) 1159.8610

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 96.3414 LAK (High: 1106.1649 / Low: 1009.8234). On the other end, January was the most stable month, with a tight range of 20.0954 LAK (High: 907.7055 / Low: 887.6101).

June Spread (Volatile) ±96.3414

January Spread (Stable) ±20.0954

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 13.1526 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -13.1526

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1203.2699) against the same month in 2022 (average: 884.5681), the exchange rate shifted by +318.7018 (+36.03%).

2023 Avg (December) 1203.2699

2022 Avg (December) 884.5681

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	907.7055	887.6101	895.8892
February	923.0730	882.6306	907.5348
March	943.8308	880.0313	917.1410
April	963.3066	935.3626	948.9310
May	1005.9997	962.9887	990.1479
June	1106.1649	1009.8234	1066.0365
July	1154.6167	1095.2273	1129.3470
August	1172.7743	1101.4245	1144.7081
September	1173.0490	1118.1201	1152.0395
October	1172.1361	1118.0544	1138.8869
November	1209.6197	1165.3934	1190.9144
December	1214.5320	1185.5750	1203.2699