2023 SVC to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |