YEARLY HIGH
1626.2001 LAK
YEARLY LOW
1189.7614 LAK
YEARLY AVERAGE
1391.8238 LAK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 8,131,000 LAK
2022 Average 5,289,588 LAK
Yearly Trough Low 5,948,807 LAK
Transaction Impact: A difference of 2,182,193.48 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1579.4896
1215.5870
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1277.9742
H2 Avg (Jul–Dec) 1505.6734

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±175.2375
August Spread (Stable) ±72.7020

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 11.2213 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -11.2213

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (October) 1546.1635
2022 Avg (October) 1264.7301

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