2023 NAD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NAD to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NAD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 1138.4436. Conversely, the yearly low was recorded on May 27, dropping to 897.0419.
This high-to-low spread represents a total annual volatility of 241.4017 LAK. From a start-to-finish perspective, comparing the January average rate of 994.8485 to the December average rate of 1105.5959, the exchange rate registered a net change of 11.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1138.4436 was up 7.18% compared to the 2022 peak of 1062.1762, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NAD 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 951.3144, compared to 1068.2993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 116.9849 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 133.9345 LAK (High: 1032.7952 / Low: 898.8606). On the other end, April was the most stable month, with a tight range of 29.3806 LAK (High: 956.3775 / Low: 926.9969).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 50.5197 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 1104.0761) against the same month in 2022 (average: 980.3655), the exchange rate shifted by +123.7106 (+12.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1022.3539 | 975.5950 | 994.8485 |
| February | 994.6176 | 915.4872 | 944.3288 |
| March | 951.0626 | 903.6326 | 923.3638 |
| April | 956.3775 | 926.9969 | 943.3038 |
| May | 953.2276 | 897.0419 | 920.0588 |
| June | 1032.7952 | 898.8606 | 981.9828 |
| July | 1093.0284 | 998.6688 | 1047.8102 |
| August | 1061.7457 | 974.8193 | 1031.9351 |
| September | 1079.9801 | 1027.7312 | 1050.2149 |
| October | 1103.1711 | 1023.8225 | 1070.1639 |
| November | 1138.4436 | 1036.8405 | 1104.0761 |
| December | 1131.0455 | 1081.7442 | 1105.5959 |