2023 SBD to LAK Historical Review

YEARLY HIGH

2471.6862 LAK

YEARLY LOW

2021.0296 LAK

YEARLY AVERAGE

2237.7415 LAK

2023 SBD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 2471.6862. Conversely, the yearly low was recorded on February 18, dropping to 2021.0296.

This high-to-low spread represents a total annual volatility of 450.6566 LAK. From a start-to-finish perspective, comparing the January average rate of 2055.7181 to the December average rate of 2442.1739, the exchange rate registered a net change of 18.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2471.6862 was up 10.26% compared to the 2022 peak of 2241.6371, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,358,431 LAK

2022 Average 8,764,908 LAK

Yearly Trough Low 10,105,148 LAK

Transaction Impact: A difference of 2,253,283.03 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2492.8031

2009.2244

JanuMarcMayJulySeptNove

SBD 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 2089.3946, compared to 2386.0885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 296.6939 points.

H1 Avg (Jan–Jun) 2089.3946

H2 Avg (Jul–Dec) 2386.0885

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 143.4882 LAK (High: 2270.3393 / Low: 2126.8511). On the other end, December was the most stable month, with a tight range of 21.1450 LAK (High: 2452.7812 / Low: 2431.6362).

June Spread (Volatile) ±143.4882

December Spread (Stable) ±21.1450

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 November and December, when the average rate fell by 10.3310 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -10.3310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2452.5049) against the same month in 2022 (average: 2085.5047), the exchange rate shifted by +367.0002 (+17.60%).

2023 Avg (November) 2452.5049

2022 Avg (November) 2085.5047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2096.0866	2025.9673	2055.7181
February	2073.6184	2021.0296	2049.5226
March	2065.6542	2029.8265	2050.6292
April	2081.5560	2044.9639	2067.5301
May	2130.8657	2081.4761	2107.9101
June	2270.3393	2126.8511	2205.0573
July	2308.3960	2241.0296	2283.9666
August	2347.5242	2283.6022	2323.2363
September	2437.2981	2333.1168	2372.1581
October	2462.6565	2409.0421	2442.4909
November	2471.6862	2429.0142	2452.5049
December	2452.7812	2431.6362	2442.1739