2023 SCR to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SCR to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SCR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 1626.2001. Conversely, the yearly low was recorded on February 13, dropping to 1189.7614.
This high-to-low spread represents a total annual volatility of 436.4387 LAK. From a start-to-finish perspective, comparing the January average rate of 1255.4256 to the December average rate of 1537.9430, the exchange rate registered a net change of 22.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1626.2001 was up 19.81% compared to the 2022 peak of 1357.3074, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SCR 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 1277.9742, compared to 1505.6734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 227.6991 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 175.2375 LAK (High: 1440.0960 / Low: 1264.8585). On the other end, August was the most stable month, with a tight range of 72.7020 LAK (High: 1487.8382 / Low: 1415.1362).
Growth Streaks & Declines
TrendsBetween 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 11.2213 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 1546.1635) against the same month in 2022 (average: 1264.7301), the exchange rate shifted by +281.4334 (+22.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1343.4716 | 1191.1124 | 1255.4256 |
| February | 1299.9628 | 1189.7614 | 1245.9122 |
| March | 1302.7844 | 1200.6315 | 1254.4422 |
| April | 1332.2465 | 1216.5667 | 1269.5909 |
| May | 1350.8093 | 1245.0206 | 1300.6669 |
| June | 1440.0960 | 1264.8585 | 1341.8076 |
| July | 1469.4954 | 1347.9442 | 1430.1321 |
| August | 1487.8382 | 1415.1362 | 1453.9943 |
| September | 1572.6600 | 1463.7173 | 1516.6431 |
| October | 1626.2001 | 1476.6950 | 1546.1635 |
| November | 1590.5005 | 1505.6171 | 1549.1644 |
| December | 1607.3775 | 1472.9148 | 1537.9430 |