2023 QAR to LAK Historical Review

YEARLY HIGH

5699.6526 LAK

YEARLY LOW

4571.5222 LAK

YEARLY AVERAGE

5129.0268 LAK

2023 QAR to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 5699.6526. Conversely, the yearly low was recorded on March 19, dropping to 4571.5222.

This high-to-low spread represents a total annual volatility of 1128.1304 LAK. From a start-to-finish perspective, comparing the January average rate of 4662.3921 to the December average rate of 5667.1597, the exchange rate registered a net change of 21.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5699.6526 was up 12.92% compared to the 2022 peak of 5047.3562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28,498,263 LAK

2022 Average 19,596,964 LAK

Yearly Trough Low 22,857,611 LAK

Transaction Impact: A difference of 5,640,652.00 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5791.0689

4521.2225

JanuMarcMayJulySeptNove

QAR 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 4747.8211, compared to 5510.2325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 762.4114 points.

H1 Avg (Jan–Jun) 4747.8211

H2 Avg (Jul–Dec) 5510.2325

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 333.6167 LAK (High: 5196.5965 / Low: 4862.9797). On the other end, November was the most stable month, with a tight range of 36.3639 LAK (High: 5699.6526 / Low: 5663.2887).

June Spread (Volatile) ±333.6167

November Spread (Stable) ±36.3639

Growth Streaks & Declines

Trends

Between February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 35.3491 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -35.3491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 5685.2483) against the same month in 2022 (average: 4710.6136), the exchange rate shifted by +974.6348 (+20.69%).

2023 Avg (November) 5685.2483

2022 Avg (November) 4710.6136

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4757.9750	4593.7863	4662.3921
February	4650.5081	4608.9507	4627.0430
March	4670.4202	4571.5222	4627.5200
April	4754.8536	4622.3584	4703.1821
May	4876.2849	4746.6038	4820.3956
June	5196.5965	4862.9797	5046.3939
July	5311.2819	5151.0574	5248.4631
August	5392.8462	5244.4383	5335.3079
September	5611.9810	5399.0298	5471.1470
October	5689.2968	5597.1788	5654.0691
November	5699.6526	5663.2887	5685.2483
December	5698.9648	5632.5428	5667.1597