YEARLY HIGH
2373.5967 LAK
YEARLY LOW
1908.7372 LAK
YEARLY AVERAGE
2136.5126 LAK

2023 SVC to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2373.5967. Conversely, the yearly low was recorded on February 18, dropping to 1908.7372.

This high-to-low spread represents a total annual volatility of 464.8595 LAK. From a start-to-finish perspective, comparing the January average rate of 1941.6141 to the December average rate of 2358.0883, the exchange rate registered a net change of 21.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2373.5967 was up 12.47% compared to the 2022 peak of 2110.3789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,867,983 LAK
2022 Average 8,161,049 LAK
Yearly Trough Low 9,543,686 LAK
Transaction Impact: A difference of 2,324,297.49 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2411.4185
1884.4124
JanuMarcMayJulySeptNove

SVC 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 1978.4671, compared to 2294.5581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 316.0910 points.

H1 Avg (Jan–Jun) 1978.4671
H2 Avg (Jul–Dec) 2294.5581

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 143.6467 LAK (High: 2170.2691 / Low: 2026.6223). On the other end, March was the most stable month, with a tight range of 20.5706 LAK (High: 1947.5382 / Low: 1926.9677).

June Spread (Volatile) ±143.6467
March Spread (Stable) ±20.5706

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 13.2845 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -13.2845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2367.5013) against the same month in 2022 (average: 1962.8625), the exchange rate shifted by +404.6389 (+20.61%).

2023 Avg (November) 2367.5013
2022 Avg (November) 1962.8625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1982.2611 1923.5124 1941.6141
February 1942.7381 1908.7372 1928.3296
March 1947.5382 1926.9677 1931.5490
April 1981.8407 1940.8519 1961.4794
May 2030.3837 1978.4021 2006.8379
June 2170.2691 2026.6223 2100.9926
July 2210.9820 2143.2086 2186.2145
August 2245.2247 2183.2523 2222.0754
September 2330.2414 2248.9662 2277.6988
October 2370.1644 2327.3168 2355.7701
November 2373.5967 2350.8957 2367.5013
December 2369.7164 2336.4964 2358.0883