2024 BND to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BND to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BND to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 17242.3633. Conversely, the yearly low was recorded on January 17, dropping to 15379.1158.
This high-to-low spread represents a total annual volatility of 1863.2476 LAK. From a start-to-finish perspective, comparing the January average rate of 15466.4515 to the December average rate of 16215.3960, the exchange rate registered a net change of 4.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 17242.3633 was up 10.77% compared to the 2023 peak of 15566.0183, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BND 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 15696.2773, compared to 16621.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 924.7230 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 699.5933 LAK (High: 17242.3633 / Low: 16542.7700). On the other end, April was the most stable month, with a tight range of 132.2199 LAK (High: 15722.6386 / Low: 15590.4187).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 356.4075 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 16781.0676) against the same month in 2023 (average: 15049.1843), the exchange rate shifted by +1731.8833 (+11.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15565.3816 | 15379.1158 | 15466.4515 |
| February | 15584.0436 | 15427.0722 | 15502.9217 |
| March | 15702.4880 | 15510.8628 | 15608.5880 |
| April | 15722.6386 | 15590.4187 | 15664.6817 |
| May | 15909.7760 | 15645.4544 | 15806.3113 |
| June | 16287.8192 | 15893.8645 | 16128.7098 |
| July | 16522.9668 | 16249.1861 | 16443.3284 |
| August | 16964.5146 | 16594.5356 | 16813.4633 |
| September | 17234.5875 | 16878.7250 | 17048.0869 |
| October | 17242.3633 | 16542.7700 | 16781.0676 |
| November | 16653.2522 | 16273.4292 | 16424.6601 |
| December | 16388.8791 | 16035.6887 | 16215.3960 |