2023 SRD to LAK Historical Review

YEARLY HIGH

559.9691 LAK

YEARLY LOW

456.9648 LAK

YEARLY AVERAGE

510.7591 LAK

2023 SRD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 559.9691. Conversely, the yearly low was recorded on April 29, dropping to 456.9648.

This high-to-low spread represents a total annual volatility of 103.0044 LAK. From a start-to-finish perspective, comparing the January average rate of 534.0529 to the December average rate of 552.8303, the exchange rate registered a net change of 3.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 559.9691 was down 18.74% compared to the 2022 peak of 689.0859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,799,846 LAK

2022 Average 2,953,145 LAK

Yearly Trough Low 2,284,824 LAK

Transaction Impact: A difference of 515,021.81 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

561.4888

457.5868

JanuMarcMayJulySeptNove

SRD 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 493.4044, compared to 528.1138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.7094 points.

H1 Avg (Jan–Jun) 493.4044

H2 Avg (Jul–Dec) 528.1138

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 33.6110 LAK (High: 502.1934 / Low: 468.5823). On the other end, November was the most stable month, with a tight range of 9.3201 LAK (High: 548.1947 / Low: 538.8747).

June Spread (Volatile) ±33.6110

November Spread (Stable) ±9.3201

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 26.4509 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -26.4509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 552.8303) against the same month in 2022 (average: 546.9419), the exchange rate shifted by +5.8884 (+1.08%).

2023 Avg (December) 552.8303

2022 Avg (December) 546.9419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	548.5475	520.0204	534.0529
February	526.5151	499.4609	514.5110
March	503.6120	471.0853	488.0601
April	477.0573	456.9648	466.2453
May	476.6683	462.4781	470.0324
June	502.1934	468.5823	487.5250
July	516.0710	492.9041	502.9440
August	514.3054	497.7258	508.0043
September	533.1913	511.3345	520.2530
October	545.5345	532.5221	539.9344
November	548.1947	538.8747	544.7169
December	559.9691	547.3946	552.8303