2024 ARS to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ARS to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ARS to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 25.4253. Conversely, the yearly low was recorded on December 30, dropping to 21.1889.
This high-to-low spread represents a total annual volatility of 4.2365 LAK. From a start-to-finish perspective, comparing the January average rate of 25.2524 to the December average rate of 21.4648, the exchange rate registered a net change of -15.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 25.4253 was down 74.04% compared to the 2023 peak of 97.9241, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ARS 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 24.5967, compared to 22.7373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8594 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 0.7325 LAK (High: 22.8745 / Low: 22.1420). On the other end, April was the most stable month, with a tight range of 0.3215 LAK (High: 24.6586 / Low: 24.3372).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5633 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 25.2524) against the same month in 2023 (average: 93.3641), the exchange rate shifted by -68.1117 (-72.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.4253 | 25.0768 | 25.2524 |
| February | 25.1253 | 24.7424 | 24.9920 |
| March | 24.7937 | 24.4487 | 24.6009 |
| April | 24.6586 | 24.3372 | 24.4802 |
| May | 24.4637 | 23.9664 | 24.1213 |
| June | 24.3200 | 23.8894 | 24.1332 |
| July | 24.1965 | 23.7971 | 24.0104 |
| August | 23.8372 | 23.2570 | 23.5177 |
| September | 23.2138 | 22.7927 | 23.0157 |
| October | 22.8745 | 22.1420 | 22.4524 |
| November | 22.2235 | 21.6822 | 21.9628 |
| December | 21.7009 | 21.1889 | 21.4648 |