YEARLY HIGH
2067.5925 LAK
YEARLY LOW
1564.3766 LAK
YEARLY AVERAGE
1760.5241 LAK

2023 SEK to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2067.5925. Conversely, the yearly low was recorded on March 18, dropping to 1564.3766.

This high-to-low spread represents a total annual volatility of 503.2159 LAK. From a start-to-finish perspective, comparing the January average rate of 1635.1378 to the December average rate of 2016.9433, the exchange rate registered a net change of 23.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2067.5925 was up 19.32% compared to the 2022 peak of 1732.7800, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,337,962 LAK
2022 Average 7,021,156 LAK
Yearly Trough Low 7,821,883 LAK
Transaction Impact: A difference of 2,516,079.41 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2058.0336
1564.9491
JanuMarcMayJulySeptNove

SEK 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 1649.2196, compared to 1871.8286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 222.6090 points.

H1 Avg (Jan–Jun) 1649.2196
H2 Avg (Jul–Dec) 1871.8286

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 147.3733 LAK (High: 2004.4742 / Low: 1857.1009). On the other end, February was the most stable month, with a tight range of 39.0338 LAK (High: 1632.8949 / Low: 1593.8611).

November Spread (Volatile) ±147.3733
February Spread (Stable) ±39.0338

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 21.2644 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -21.2644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2016.9433) against the same month in 2022 (average: 1667.0783), the exchange rate shifted by +349.8650 (+20.99%).

2023 Avg (December) 2016.9433
2022 Avg (December) 1667.0783

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1660.5621 1613.2653 1635.1378
February 1632.8949 1593.8611 1613.8735
March 1640.2398 1564.3766 1606.0395
April 1689.5974 1624.0887 1657.0021
May 1722.1830 1629.5094 1675.1944
June 1765.3795 1639.8990 1708.0705
July 1878.4241 1735.2445 1815.8108
August 1836.6398 1756.5548 1794.7744
September 1871.2085 1768.1897 1796.4569
October 1894.8007 1841.9781 1868.4101
November 2004.4742 1857.1009 1938.5763
December 2067.5925 1975.9271 2016.9433