2023 NZD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |