YEARLY HIGH
11029.9307 LAK
YEARLY LOW
10181.9059 LAK
YEARLY AVERAGE
10710.8541 LAK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 55,149,653 LAK
2023 Average 46,402,847 LAK
Yearly Trough Low 50,909,530 LAK
Transaction Impact: A difference of 4,240,123.96 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11059.8417
10171.2741
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 10488.8530
H2 Avg (Jul–Dec) 10932.8553

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±291.9661
July Spread (Stable) ±54.7595

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 62.4261 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -62.4261

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (August) 10983.6251
2023 Avg (August) 9645.5439

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