2023 XCD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XCD to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XCD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 7681.0054. Conversely, the yearly low was recorded on March 19, dropping to 6158.9656.
This high-to-low spread represents a total annual volatility of 1522.0398 LAK. From a start-to-finish perspective, comparing the January average rate of 6286.5103 to the December average rate of 7642.6610, the exchange rate registered a net change of 21.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 7681.0054 was up 12.51% compared to the 2022 peak of 6826.8857, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XCD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XCD 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 6402.3924, compared to 7426.1580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1023.7656 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 442.2770 LAK (High: 7001.0944 / Low: 6558.8174). On the other end, November was the most stable month, with a tight range of 73.9106 LAK (High: 7680.7263 / Low: 7606.8158).
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 42.5131 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 7642.6610) against the same month in 2022 (average: 6411.1494), the exchange rate shifted by +1231.5116 (+19.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6418.5470 | 6221.5928 | 6286.5103 |
| February | 6289.6207 | 6181.3069 | 6243.9972 |
| March | 6292.2055 | 6158.9656 | 6244.3204 |
| April | 6416.1625 | 6270.6029 | 6343.8837 |
| May | 6571.1978 | 6392.6059 | 6494.5092 |
| June | 7001.0944 | 6558.8174 | 6801.1336 |
| July | 7133.1363 | 6939.7421 | 7069.8135 |
| August | 7270.0415 | 7065.5492 | 7194.1190 |
| September | 7560.7196 | 7280.1613 | 7372.7854 |
| October | 7675.9980 | 7540.7774 | 7621.6523 |
| November | 7680.7263 | 7606.8158 | 7655.9169 |
| December | 7681.0054 | 7599.5946 | 7642.6610 |