2023 ZAR to LAK Historical Review

YEARLY HIGH

1139.0789 LAK

YEARLY LOW

886.1442 LAK

YEARLY AVERAGE

1012.5599 LAK

2023 ZAR to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 1139.0789. Conversely, the yearly low was recorded on March 18, dropping to 886.1442.

This high-to-low spread represents a total annual volatility of 252.9346 LAK. From a start-to-finish perspective, comparing the January average rate of 995.0039 to the December average rate of 1110.8234, the exchange rate registered a net change of 11.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1139.0789 was up 6.45% compared to the 2022 peak of 1070.0863, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 56,953,944 LAK

2022 Average 43,384,125 LAK

Yearly Trough Low 44,307,212 LAK

Transaction Impact: A difference of 12,646,732.01 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1136.0234

899.6885

JanuMarcMayJulySeptNove

ZAR 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 950.9200, compared to 1074.1999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 123.2798 points.

H1 Avg (Jan–Jun) 950.9200

H2 Avg (Jul–Dec) 1074.1999

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 116.4375 LAK (High: 1019.6309 / Low: 903.1934). On the other end, April was the most stable month, with a tight range of 28.8292 LAK (High: 956.4314 / Low: 927.6022).

June Spread (Volatile) ±116.4375

April Spread (Stable) ±28.8292

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 53.1867 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -53.1867

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1116.3288) against the same month in 2022 (average: 984.0992), the exchange rate shifted by +132.2296 (+13.44%).

2023 Avg (November) 1116.3288

2022 Avg (November) 984.0992

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1025.9570	967.7223	995.0039
February	987.9012	914.8263	941.8172
March	955.6670	886.1442	923.8049
April	956.4314	927.6022	943.8816
May	953.9956	891.5281	919.3831
June	1019.6309	903.1934	981.6295
July	1097.2972	996.4185	1049.7450
August	1061.5947	1009.4750	1035.2828
September	1079.8037	1028.6796	1050.6132
October	1110.7755	1047.5007	1082.4060
November	1139.0789	1094.9820	1116.3288
December	1129.6210	1086.7487	1110.8234