2024 BBD to LAK Historical Review

YEARLY HIGH

11097.5000 LAK

YEARLY LOW

10260.9175 LAK

YEARLY AVERAGE

10791.9304 LAK

2024 BBD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 11097.5000. Conversely, the yearly low was recorded on January 6, dropping to 10260.9175.

This high-to-low spread represents a total annual volatility of 836.5825 LAK. From a start-to-finish perspective, comparing the January average rate of 10324.0699 to the December average rate of 10945.1088, the exchange rate registered a net change of 6.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11097.5000 was up 6.92% compared to the 2023 peak of 10379.1506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,487,500 LAK

2023 Average 46,743,095 LAK

Yearly Trough Low 51,304,587 LAK

Transaction Impact: A difference of 4,182,912.55 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11142.7104

10249.6481

JanuMarcMayJulySeptNove

BBD 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 10568.7847, compared to 11015.0761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 446.2914 points.

H1 Avg (Jan–Jun) 10568.7847

H2 Avg (Jul–Dec) 11015.0761

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 303.5047 LAK (High: 11038.7214 / Low: 10735.2167). On the other end, September was the most stable month, with a tight range of 72.7820 LAK (High: 11096.6009 / Low: 11023.8188).

June Spread (Volatile) ±303.5047

September Spread (Stable) ±72.7820

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 57.5376 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -57.5376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 11060.0950) against the same month in 2023 (average: 9721.2331), the exchange rate shifted by +1338.8619 (+13.77%).

2024 Avg (August) 11060.0950

2023 Avg (August) 9721.2331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10371.2132	10260.9175	10324.0699
February	10478.0408	10370.0000	10422.9686
March	10545.9395	10387.7668	10461.8066
April	10701.1714	10552.8089	10621.7501
May	10749.5833	10616.6326	10679.0779
June	11038.7214	10735.2167	10903.0350
July	11092.6493	11015.9954	11068.2885
August	11097.5000	10972.6271	11060.0950
September	11096.6009	11023.8188	11050.6326
October	11091.4261	10937.2013	10993.0949
November	11021.0785	10936.2528	10973.2368
December	10977.6722	10900.2445	10945.1088