YEARLY HIGH
375.1142 LAK
YEARLY LOW
301.8655 LAK
YEARLY AVERAGE
335.8369 LAK

2023 PHP to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 375.1142. Conversely, the yearly low was recorded on February 19, dropping to 301.8655.

This high-to-low spread represents a total annual volatility of 73.2487 LAK. From a start-to-finish perspective, comparing the January average rate of 309.2733 to the December average rate of 372.0259, the exchange rate registered a net change of 20.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 375.1142 was up 16.35% compared to the 2022 peak of 322.4045, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 93,778,550 LAK
2022 Average 65,200,652 LAK
Yearly Trough Low 75,466,383 LAK
Transaction Impact: A difference of 18,312,167.26 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

378.4628
301.2196
JanuMarcMayJulySeptNove

PHP 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 313.2849, compared to 358.3889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 45.1039 points.

H1 Avg (Jan–Jun) 313.2849
H2 Avg (Jul–Dec) 358.3889

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 26.6010 LAK (High: 342.6712 / Low: 316.0702). On the other end, December was the most stable month, with a tight range of 5.5157 LAK (High: 374.9773 / Low: 369.4616).

June Spread (Volatile) ±26.6010
December Spread (Stable) ±5.5157

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 2.6912 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.6912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 371.3594) against the same month in 2022 (average: 298.7893), the exchange rate shifted by +72.5701 (+24.29%).

2023 Avg (November) 371.3594
2022 Avg (November) 298.7893

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 312.7086 306.1295 309.2733
February 316.7548 301.8655 307.6565
March 313.2109 303.7947 308.3583
April 315.1724 304.2492 310.3203
May 317.0502 311.0444 314.7243
June 342.6712 316.0702 329.3769
July 353.3295 339.3096 348.0111
August 350.7656 339.8978 345.3198
September 360.6892 346.1040 350.8471
October 365.7426 358.5669 362.7698
November 375.1142 365.6754 371.3594
December 374.9773 369.4616 372.0259