2023 PEN to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PEN to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PEN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 5579.9458. Conversely, the yearly low was recorded on January 26, dropping to 4319.2450.
This high-to-low spread represents a total annual volatility of 1260.7008 LAK. From a start-to-finish perspective, comparing the January average rate of 4444.3323 to the December average rate of 5528.4905, the exchange rate registered a net change of 24.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 5579.9458 was up 15.18% compared to the 2022 peak of 4844.3697, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PEN 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 4613.2996, compared to 5384.8638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 771.5642 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 418.4503 LAK (High: 5245.6267 / Low: 4827.1764). On the other end, September was the most stable month, with a tight range of 70.0384 LAK (High: 5384.0154 / Low: 5313.9770).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 47.0542 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 5528.4905) against the same month in 2022 (average: 4528.9658), the exchange rate shifted by +999.5246 (+22.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4561.0361 | 4319.2450 | 4444.3323 |
| February | 4442.5326 | 4345.1242 | 4397.2781 |
| March | 4519.0008 | 4432.8817 | 4467.8609 |
| April | 4680.7936 | 4509.0699 | 4563.5001 |
| May | 4836.1750 | 4653.7895 | 4764.8656 |
| June | 5245.6267 | 4827.1764 | 5041.9605 |
| July | 5380.2901 | 5174.5068 | 5309.9578 |
| August | 5336.1739 | 5162.8468 | 5266.8314 |
| September | 5384.0154 | 5313.9770 | 5350.5684 |
| October | 5418.4118 | 5333.2463 | 5365.6282 |
| November | 5547.9636 | 5361.7330 | 5487.7064 |
| December | 5579.9458 | 5459.4156 | 5528.4905 |