YEARLY HIGH
1138.4436 LAK
YEARLY LOW
897.0419 LAK
YEARLY AVERAGE
1009.8069 LAK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 5,692,218 LAK
2022 Average 4,357,020 LAK
Yearly Trough Low 4,485,210 LAK
Transaction Impact: A difference of 1,207,008.50 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1124.1496
901.5050
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 951.3144
H2 Avg (Jul–Dec) 1068.2993

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±133.9345
April Spread (Stable) ±29.3806

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -50.5197

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (November) 1104.0761
2022 Avg (November) 980.3655

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