2024 BOB to LAK Historical Review

YEARLY HIGH

3217.3955 LAK

YEARLY LOW

2970.0880 LAK

YEARLY AVERAGE

3122.5277 LAK

2024 BOB to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 3217.3955. Conversely, the yearly low was recorded on January 6, dropping to 2970.0880.

This high-to-low spread represents a total annual volatility of 247.3074 LAK. From a start-to-finish perspective, comparing the January average rate of 2988.6471 to the December average rate of 3167.9158, the exchange rate registered a net change of 6.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3217.3955 was up 7.05% compared to the 2023 peak of 3005.6306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,086,977 LAK

2023 Average 13,533,635 LAK

Yearly Trough Low 14,850,440 LAK

Transaction Impact: A difference of 1,236,537.24 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3225.8345

2967.0846

JanuMarcMayJulySeptNove

BOB 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 3058.0862, compared to 3186.9693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 128.8831 points.

H1 Avg (Jan–Jun) 3058.0862

H2 Avg (Jul–Dec) 3186.9693

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 91.7887 LAK (High: 3194.6135 / Low: 3102.8248). On the other end, July was the most stable month, with a tight range of 16.3288 LAK (High: 3211.5042 / Low: 3195.1753).

June Spread (Volatile) ±91.7887

July Spread (Stable) ±16.3288

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 19.3519 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -19.3519

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 3203.4183) against the same month in 2023 (average: 2813.7345), the exchange rate shifted by +389.6838 (+13.85%).

2024 Avg (August) 3203.4183

2023 Avg (August) 2813.7345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3004.2133	2970.0880	2988.6471
February	3022.7393	3001.4189	3015.6393
March	3045.6766	3012.1959	3028.2652
April	3088.3835	3044.6004	3069.5191
May	3108.3610	3073.2522	3091.0838
June	3194.6135	3102.8248	3155.3627
July	3211.5042	3195.1753	3204.2720
August	3217.3955	3192.2273	3203.4183
September	3211.6407	3184.3723	3196.8923
October	3213.0533	3153.0253	3177.5404
November	3190.9608	3162.7138	3171.7771
December	3177.1833	3151.8775	3167.9158