2024 AED to LAK Historical Review

YEARLY HIGH

6042.7444 LAK

YEARLY LOW

5587.5177 LAK

YEARLY AVERAGE

5876.4918 LAK

2024 AED to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 6042.7444. Conversely, the yearly low was recorded on January 6, dropping to 5587.5177.

This high-to-low spread represents a total annual volatility of 455.2267 LAK. From a start-to-finish perspective, comparing the January average rate of 5621.7568 to the December average rate of 5959.7708, the exchange rate registered a net change of 6.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6042.7444 was up 6.90% compared to the 2023 peak of 5652.7734, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AED based on timing:

Yearly Peak High 30,213,722 LAK

2023 Average 25,453,584 LAK

Yearly Trough Low 27,937,588 LAK

Transaction Impact: A difference of 2,276,133.29 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6067.3442

5581.2489

JanuMarcMayJulySeptNove

AED 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 5755.1064, compared to 5997.8773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 242.7709 points.

H1 Avg (Jan–Jun) 5755.1064

H2 Avg (Jul–Dec) 5997.8773

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 165.2625 LAK (High: 6010.7386 / Low: 5845.4760). On the other end, September was the most stable month, with a tight range of 39.6178 LAK (High: 6042.2548 / Low: 6002.6370).

June Spread (Volatile) ±165.2625

September Spread (Stable) ±39.6178

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 31.3628 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -31.3628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 6022.4217) against the same month in 2023 (average: 5293.2933), the exchange rate shifted by +729.1284 (+13.77%).

2024 Avg (August) 6022.4217

2023 Avg (August) 5293.2933

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5647.3479	5587.5177	5621.7568
February	5705.5364	5646.6104	5675.5231
March	5743.5065	5656.4464	5697.1323
April	5827.0965	5747.2477	5784.3761
May	5853.2988	5780.9053	5814.9727
June	6010.7386	5845.4760	5936.8772
July	6040.0373	5998.3639	6026.8363
August	6042.7444	5974.8957	6022.4217
September	6042.2548	6002.6370	6017.2511
October	6039.4370	5955.4351	5985.8884
November	6001.1595	5954.9430	5975.0952
December	5977.4964	5935.3198	5959.7708