YEARLY HIGH
5534.5139 LAK
YEARLY LOW
4430.9630 LAK
YEARLY AVERAGE
4981.0000 LAK

2023 SAR to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 5534.5139. Conversely, the yearly low was recorded on March 19, dropping to 4430.9630.

This high-to-low spread represents a total annual volatility of 1103.5509 LAK. From a start-to-finish perspective, comparing the January average rate of 4523.0209 to the December average rate of 5506.4320, the exchange rate registered a net change of 21.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5534.5139 was up 12.76% compared to the 2022 peak of 4908.2203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,672,569 LAK
2022 Average 19,015,503 LAK
Yearly Trough Low 22,154,815 LAK
Transaction Impact: A difference of 5,517,754.50 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5619.6702
4392.0932
JanuMarcMayJulySeptNove

SAR 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 4611.1525, compared to 5350.8476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 739.6951 points.

H1 Avg (Jan–Jun) 4611.1525
H2 Avg (Jul–Dec) 5350.8476

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 318.6716 LAK (High: 5045.1814 / Low: 4726.5098). On the other end, November was the most stable month, with a tight range of 54.3856 LAK (High: 5534.1918 / Low: 5479.8062).

June Spread (Volatile) ±318.6716
November Spread (Stable) ±54.3856

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 24.9327 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -24.9327

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 5506.4320) against the same month in 2022 (average: 4608.0396), the exchange rate shifted by +898.3924 (+19.50%).

2023 Avg (December) 5506.4320
2022 Avg (December) 4608.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4614.7746 4476.6149 4523.0209
February 4530.2657 4457.4734 4498.0881
March 4531.8630 4430.9630 4494.3912
April 4623.0902 4515.3654 4570.5567
May 4734.7561 4604.2791 4680.0066
June 5045.1814 4726.5098 4900.8512
July 5139.5834 5000.2573 5094.0020
August 5237.9102 5090.0319 5183.1215
September 5448.0937 5245.5238 5312.5900
October 5529.8457 5433.6920 5491.5680
November 5534.1918 5479.8062 5517.3721
December 5534.5139 5476.8759 5506.4320