2023 TWD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TWD to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TWD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 670.5986. Conversely, the yearly low was recorded on March 19, dropping to 543.3654.
This high-to-low spread represents a total annual volatility of 127.2332 LAK. From a start-to-finish perspective, comparing the January average rate of 559.0156 to the December average rate of 661.7527, the exchange rate registered a net change of 18.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 670.5986 was up 13.13% compared to the 2022 peak of 592.7520, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TWD 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 566.3308, compared to 632.4117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 66.0809 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 30.9912 LAK (High: 610.2797 / Low: 579.2885). On the other end, January was the most stable month, with a tight range of 9.7260 LAK (High: 564.7460 / Low: 555.0200).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 5.0690 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 661.7527) against the same month in 2022 (average: 564.5076), the exchange rate shifted by +97.2451 (+17.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 564.7460 | 555.0200 | 559.0156 |
| February | 566.9633 | 549.4988 | 557.4385 |
| March | 557.3869 | 543.3654 | 552.3695 |
| April | 565.3099 | 554.1092 | 561.0299 |
| May | 579.9903 | 561.9454 | 571.6739 |
| June | 610.2797 | 579.2885 | 596.4575 |
| July | 620.2351 | 601.8683 | 612.6378 |
| August | 617.5050 | 603.2127 | 611.0581 |
| September | 634.6023 | 613.1213 | 622.1879 |
| October | 643.0137 | 630.5056 | 638.0401 |
| November | 660.7463 | 639.0302 | 648.7935 |
| December | 670.5986 | 656.5329 | 661.7527 |