YEARLY HIGH
22195.0000 LAK
YEARLY LOW
20521.8350 LAK
YEARLY AVERAGE
21583.8608 LAK

2024 BMD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 22195.0000. Conversely, the yearly low was recorded on January 6, dropping to 20521.8350.

This high-to-low spread represents a total annual volatility of 1673.1650 LAK. From a start-to-finish perspective, comparing the January average rate of 20648.1399 to the December average rate of 21890.2176, 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 22195.0000 was up 6.92% compared to the 2023 peak of 20758.3012, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110,975,000 LAK
2023 Average 93,486,190 LAK
Yearly Trough Low 102,609,175 LAK
Transaction Impact: A difference of 8,365,825.09 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22285.4207
20499.2962
JanuMarcMayJulySeptNove

BMD 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 21137.5694, compared to 22030.1522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 892.5828 points.

H1 Avg (Jan–Jun) 21137.5694
H2 Avg (Jul–Dec) 22030.1522

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 607.0093 LAK (High: 22077.4427 / Low: 21470.4334). On the other end, September was the most stable month, with a tight range of 145.5641 LAK (High: 22193.2018 / Low: 22047.6377).

June Spread (Volatile) ±607.0093
September Spread (Stable) ±145.5641

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 115.0753 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -115.0753

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 22120.1901) against the same month in 2023 (average: 19442.4662), the exchange rate shifted by +2677.7239 (+13.77%).

2024 Avg (August) 22120.1901
2023 Avg (August) 19442.4662

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20742.4265 20521.8350 20648.1399
February 20956.0816 20740.0000 20845.9372
March 21091.8789 20775.5337 20923.6133
April 21402.3427 21105.6178 21243.5002
May 21499.1667 21233.2653 21358.1558
June 22077.4427 21470.4334 21806.0700
July 22185.2986 22031.9907 22136.5770
August 22195.0000 21945.2542 22120.1901
September 22193.2018 22047.6377 22101.2651
October 22182.8522 21874.4025 21986.1898
November 22042.1570 21872.5057 21946.4735
December 21955.3443 21800.4890 21890.2176