2024 ETB to LAK Historical Review

YEARLY HIGH

386.8346 LAK

YEARLY LOW

170.8850 LAK

YEARLY AVERAGE

296.0567 LAK

2024 ETB to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 386.8346. Conversely, the yearly low was recorded on December 31, dropping to 170.8850.

This high-to-low spread represents a total annual volatility of 215.9497 LAK. From a start-to-finish perspective, comparing the January average rate of 365.9430 to the December average rate of 172.8615, the exchange rate registered a net change of -52.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 386.8346 was up 3.54% compared to the 2023 peak of 373.5936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,934,173 LAK

2023 Average 1,706,062 LAK

Yearly Trough Low 854,425 LAK

Transaction Impact: A difference of 1,079,748.29 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

401.6717

152.0606

JanuMarcMayJulySeptNove

ETB 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 371.3304, compared to 220.7829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 150.5475 points.

H1 Avg (Jan–Jun) 371.3304

H2 Avg (Jul–Dec) 220.7829

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 92.7420 LAK (High: 386.8346 / Low: 294.0926). On the other end, February was the most stable month, with a tight range of 3.3677 LAK (High: 370.1932 / Low: 366.8256).

July Spread (Volatile) ±92.7420

February Spread (Stable) ±3.3677

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 163.1310 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -163.1310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 380.8708) against the same month in 2023 (average: 348.4865), the exchange rate shifted by +32.3843 (+9.29%).

2024 Avg (July) 380.8708

2023 Avg (July) 348.4865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	368.6116	364.5734	365.9430
February	370.1932	366.8256	368.1448
March	371.5358	366.6063	368.8141
April	375.8877	371.2961	373.3231
May	375.4766	370.6925	372.5529
June	382.4226	373.8583	379.2048
July	386.8346	294.0926	380.8708
August	281.5020	195.8825	217.7398
September	200.3457	184.3499	191.5275
October	187.4109	179.7502	182.6687
November	182.7485	173.6465	179.0294
December	176.1709	170.8850	172.8615