YEARLY HIGH
0.9316 LAK
YEARLY LOW
0.7293 LAK
YEARLY AVERAGE
0.8279 LAK

2023 STD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.9316. Conversely, the yearly low was recorded on March 19, dropping to 0.7293.

This high-to-low spread represents a total annual volatility of 0.2024 LAK. From a start-to-finish perspective, comparing the January average rate of 0.7444 to the December average rate of 0.9270, the exchange rate registered a net change of 24.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9316 was up 15.25% compared to the 2022 peak of 0.8084, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,658 LAK
2022 Average 3,210 LAK
Yearly Trough Low 3,646 LAK
Transaction Impact: A difference of 1,011.77 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9475
0.7204
JanuMarcMayJulySeptNove

STD 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 0.7581, compared to 0.8978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1397 points.

H1 Avg (Jan–Jun) 0.7581
H2 Avg (Jul–Dec) 0.8978

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0524 LAK (High: 0.8290 / Low: 0.7766). On the other end, November was the most stable month, with a tight range of 0.0090 LAK (High: 0.9316 / Low: 0.9226).

June Spread (Volatile) ±0.0524
November Spread (Stable) ±0.0090

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 January and February, when the average rate fell by 0.0050 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.9270) against the same month in 2022 (average: 0.7591), the exchange rate shifted by +0.1678 (+22.11%).

2023 Avg (December) 0.9270
2022 Avg (December) 0.7591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7600 0.7367 0.7444
February 0.7447 0.7319 0.7393
March 0.7450 0.7293 0.7394
April 0.7597 0.7425 0.7512
May 0.7781 0.7569 0.7690
June 0.8290 0.7766 0.8053
July 0.8648 0.8217 0.8398
August 0.8818 0.8570 0.8726
September 0.9170 0.8830 0.8942
October 0.9310 0.9146 0.9244
November 0.9316 0.9226 0.9286
December 0.9316 0.9218 0.9270