2024 BZD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BZD to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BZD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 11029.9307. Conversely, the yearly low was recorded on January 6, dropping to 10181.9059.
This high-to-low spread represents a total annual volatility of 848.0248 LAK. From a start-to-finish perspective, comparing the January average rate of 10245.3214 to the December average rate of 10879.0084, the exchange rate registered a net change of 6.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 11029.9307 was up 7.05% compared to the 2023 peak of 10303.5372, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BZD 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 10488.8530, compared to 10932.8553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 444.0023 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 291.9661 LAK (High: 10951.0980 / Low: 10659.1318). On the other end, July was the most stable month, with a tight range of 54.7595 LAK (High: 11008.6516 / Low: 10953.8921).
Growth Streaks & Declines
TrendsBetween 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 62.4261 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 10983.6251) against the same month in 2023 (average: 9645.5439), the exchange rate shifted by +1338.0812 (+13.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10299.1842 | 10181.9059 | 10245.3214 |
| February | 10361.4350 | 10289.6631 | 10340.0643 |
| March | 10477.5525 | 10335.1804 | 10386.4871 |
| April | 10591.8057 | 10471.3509 | 10543.2642 |
| May | 10670.2024 | 10534.8976 | 10600.2339 |
| June | 10951.0980 | 10659.1318 | 10817.7469 |
| July | 11008.6516 | 10953.8921 | 10985.7944 |
| August | 11029.9307 | 10943.0204 | 10983.6251 |
| September | 11009.2535 | 10934.8637 | 10962.8042 |
| October | 11014.5008 | 10848.1165 | 10900.3780 |
| November | 10938.8471 | 10851.4918 | 10885.5214 |
| December | 10943.3320 | 10859.9383 | 10879.0084 |