2023 SGD to LAK Historical Review

YEARLY HIGH

15589.7590 LAK

YEARLY LOW

12407.6872 LAK

YEARLY AVERAGE

13909.9661 LAK

2023 SGD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 15589.7590. Conversely, the yearly low was recorded on March 18, dropping to 12407.6872.

This high-to-low spread represents a total annual volatility of 3182.0718 LAK. From a start-to-finish perspective, comparing the January average rate of 12825.4286 to the December average rate of 15513.9786, the exchange rate registered a net change of 20.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15589.7590 was up 16.19% compared to the 2022 peak of 13417.2548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77,948,795 LAK

2022 Average 51,730,052 LAK

Yearly Trough Low 62,038,436 LAK

Transaction Impact: A difference of 15,910,359.20 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15806.7984

12292.9603

JanuMarcMayJulySeptNove

SGD 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 12948.7726, compared to 14871.1597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1922.3870 points.

H1 Avg (Jan–Jun) 12948.7726

H2 Avg (Jul–Dec) 14871.1597

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 849.1175 LAK (High: 14005.7272 / Low: 13156.6097). On the other end, December was the most stable month, with a tight range of 159.3671 LAK (High: 15589.7590 / Low: 15430.3919).

June Spread (Volatile) ±849.1175

December Spread (Stable) ±159.3671

Growth Streaks & Declines

Trends

Between March and December, 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 January and February, when the average rate fell by 166.3431 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -166.3431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 15513.9786) against the same month in 2022 (average: 12813.8197), the exchange rate shifted by +2700.1589 (+21.07%).

2023 Avg (December) 15513.9786

2022 Avg (December) 12813.8197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12936.5347	12750.5615	12825.4286
February	12900.3240	12485.4573	12659.0855
March	12778.0283	12407.6872	12585.7801
April	12984.1928	12703.6592	12871.5954
May	13223.3472	12923.7094	13098.7942
June	14005.7272	13156.6097	13651.9517
July	14540.3963	13869.9896	14312.9604
August	14558.1289	14175.8363	14391.0778
September	14957.3403	14418.1445	14614.5965
October	15183.8597	14837.1054	15046.9627
November	15543.2601	15168.2352	15347.3821
December	15589.7590	15430.3919	15513.9786