YEARLY HIGH
13048.4101 LAK
YEARLY LOW
10286.2259 LAK
YEARLY AVERAGE
11461.5317 LAK

2023 NZD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 13048.4101. Conversely, the yearly low was recorded on March 10, dropping to 10286.2259.

This high-to-low spread represents a total annual volatility of 2762.1842 LAK. From a start-to-finish perspective, comparing the January average rate of 10882.0826 to the December average rate of 12865.0582, the exchange rate registered a net change of 18.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13048.4101 was up 14.72% compared to the 2022 peak of 11374.4742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,242,051 LAK
2022 Average 45,076,588 LAK
Yearly Trough Low 51,431,130 LAK
Transaction Impact: A difference of 13,810,920.98 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13104.0641
10235.9935
JanuMarcMayJulySeptNove

NZD 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 10795.8943, compared to 12127.1690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1331.2747 points.

H1 Avg (Jan–Jun) 10795.8943
H2 Avg (Jul–Dec) 12127.1690

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 897.2876 LAK (High: 11646.9335 / Low: 10749.6459). On the other end, January was the most stable month, with a tight range of 258.1978 LAK (High: 10997.4004 / Low: 10739.2026).

June Spread (Volatile) ±897.2876
January Spread (Stable) ±258.1978

Growth Streaks & Declines

Trends

Between March and July, 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 283.7194 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -283.7194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 12865.0582) against the same month in 2022 (average: 11010.0072), the exchange rate shifted by +1855.0510 (+16.85%).

2023 Avg (December) 12865.0582
2022 Avg (December) 11010.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10997.4004 10739.2026 10882.0826
February 10971.6885 10368.6516 10598.3632
March 10641.7265 10286.2259 10474.9994
April 10825.5698 10528.5635 10646.4387
May 11158.6228 10649.2732 10895.0330
June 11646.9335 10749.6459 11278.4493
July 12232.9097 11511.8980 11891.1192
August 11855.9200 11405.7633 11642.0641
September 12249.7149 11584.6370 11812.5846
October 12376.6482 11996.4050 12141.9225
November 12734.1802 12174.0318 12410.2654
December 13048.4101 12695.6308 12865.0582