YEARLY HIGH
12693.5730 LAK
YEARLY LOW
11431.8686 LAK
YEARLY AVERAGE
11943.6789 LAK

2024 BAM to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 12693.5730. Conversely, the yearly low was recorded on February 14, dropping to 11431.8686.

This high-to-low spread represents a total annual volatility of 1261.7044 LAK. From a start-to-finish perspective, comparing the January average rate of 11522.6957 to the December average rate of 11729.9834, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12693.5730 was up 9.13% compared to the 2023 peak of 11631.1392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,467,865 LAK
2023 Average 51,715,052 LAK
Yearly Trough Low 57,159,343 LAK
Transaction Impact: A difference of 6,308,521.95 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12660.9556
11404.7114
JanuMarcMayJulySeptNove

BAM 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 11686.6789, compared to 12200.6790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 514.0001 points.

H1 Avg (Jan–Jun) 11686.6789
H2 Avg (Jul–Dec) 12200.6790

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 528.7073 LAK (High: 12227.5929 / Low: 11698.8856). On the other end, March was the most stable month, with a tight range of 135.9715 LAK (High: 11688.1467 / Low: 11552.1752).

November Spread (Volatile) ±528.7073
March Spread (Stable) ±135.9715

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 317.6530 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -317.6530

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 12556.2686) against the same month in 2023 (average: 10895.0057), the exchange rate shifted by +1661.2629 (+15.25%).

2024 Avg (September) 12556.2686
2023 Avg (September) 10895.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11630.6631 11472.2962 11522.6957
February 11585.6772 11431.8686 11509.3984
March 11688.1467 11552.1752 11628.0316
April 11759.7397 11550.4633 11658.0869
May 11931.5528 11648.8999 11801.9833
June 12087.1995 11906.9458 11999.8774
July 12379.1291 12099.2401 12281.7451
August 12612.5173 12244.3910 12451.2232
September 12693.5730 12466.5410 12556.2686
October 12584.8373 12097.4106 12251.2533
November 12227.5929 11698.8856 11933.6003
December 11861.8470 11612.2909 11729.9834