YEARLY HIGH
17242.3633 LAK
YEARLY LOW
15379.1158 LAK
YEARLY AVERAGE
16158.6389 LAK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 86,211,817 LAK
2023 Average 69,608,295 LAK
Yearly Trough Low 76,895,579 LAK
Transaction Impact: A difference of 9,316,237.77 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17206.2504
15308.2879
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 15696.2773
H2 Avg (Jul–Dec) 16621.0004

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±699.5933
April Spread (Stable) ±132.2199

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 8 Mo.
Sharpest MoM Drop -356.4075

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (October) 16781.0676
2023 Avg (October) 15049.1843

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