YEARLY HIGH
5579.9458 LAK
YEARLY LOW
4319.2450 LAK
YEARLY AVERAGE
4999.0817 LAK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 27,899,729 LAK
2022 Average 18,605,204 LAK
Yearly Trough Low 21,596,225 LAK
Transaction Impact: A difference of 6,303,504.02 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5641.6117
4284.1569
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 4613.2996
H2 Avg (Jul–Dec) 5384.8638

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±418.4503
September Spread (Stable) ±70.0384

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -47.0542

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 5528.4905
2022 Avg (December) 4528.9658

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