YEARLY HIGH
1.0913 LAK
YEARLY LOW
0.9079 LAK
YEARLY AVERAGE
0.9807 LAK

2023 SLL to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 1.0913. Conversely, the yearly low was recorded on July 28, dropping to 0.9079.

This high-to-low spread represents a total annual volatility of 0.1834 LAK. From a start-to-finish perspective, comparing the January average rate of 0.9618 to the December average rate of 0.9850, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0913 was down 9.90% compared to the 2022 peak of 1.2112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,456 LAK
2022 Average 5,207 LAK
Yearly Trough Low 4,539 LAK
Transaction Impact: A difference of 917.12 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0728
0.9139
JanuMarcMayJulySeptNove

SLL 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 0.9795, compared to 0.9818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.9795
H2 Avg (Jul–Dec) 0.9818

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1834 LAK (High: 1.0913 / Low: 0.9079). On the other end, November was the most stable month, with a tight range of 0.0095 LAK (High: 0.9899 / Low: 0.9804).

July Spread (Volatile) ±0.1834
November Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1324 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0596) against the same month in 2022 (average: 1.1106), the exchange rate shifted by -0.0511 (-4.60%).

2023 Avg (July) 1.0596
2022 Avg (July) 1.1106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9820 0.9518 0.9618
February 0.9622 0.9457 0.9553
March 0.9626 0.9423 0.9553
April 0.9816 0.9593 0.9705
May 1.0053 0.9780 0.9936
June 1.0711 1.0034 1.0405
July 1.0913 0.9079 1.0596
August 0.9370 0.9106 0.9272
September 0.9744 0.9383 0.9502
October 0.9893 0.9719 0.9823
November 0.9899 0.9804 0.9867
December 0.9899 0.9794 0.9850