2024 FJD to LAK Historical Review

YEARLY HIGH

10121.7613 LAK

YEARLY LOW

9121.6630 LAK

YEARLY AVERAGE

9596.2133 LAK

2024 FJD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 10121.7613. Conversely, the yearly low was recorded on January 22, dropping to 9121.6630.

This high-to-low spread represents a total annual volatility of 1000.0984 LAK. From a start-to-finish perspective, comparing the January average rate of 9245.3918 to the December average rate of 9488.2507, the exchange rate registered a net change of 2.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10121.7613 was up 7.82% compared to the 2023 peak of 9387.4006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,608,807 LAK

2023 Average 41,902,398 LAK

Yearly Trough Low 45,608,315 LAK

Transaction Impact: A difference of 5,000,491.84 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10086.7525

9168.9044

JanuMarcMayJulySeptNove

FJD 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 9391.1804, compared to 9801.2461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 410.0657 points.

H1 Avg (Jan–Jun) 9391.1804

H2 Avg (Jul–Dec) 9801.2461

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 505.7957 LAK (High: 10121.7613 / Low: 9615.9656). On the other end, April was the most stable month, with a tight range of 163.9719 LAK (High: 9459.5990 / Low: 9295.6271).

October Spread (Volatile) ±505.7957

April Spread (Stable) ±163.9719

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 November and December, when the average rate fell by 194.9802 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -194.9802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 9843.7418) against the same month in 2023 (average: 9028.6170), the exchange rate shifted by +815.1249 (+9.03%).

2024 Avg (October) 9843.7418

2023 Avg (October) 9028.6170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9382.5081	9121.6630	9245.3918
February	9345.9198	9157.2805	9268.1980
March	9375.1403	9199.3143	9292.9317
April	9459.5990	9295.6271	9373.2611
May	9610.3417	9320.6505	9467.1483
June	9862.8362	9498.0904	9700.1518
July	9968.8774	9741.3052	9865.3579
August	10046.1027	9754.0288	9916.6303
September	10113.7107	9858.9297	10010.2652
October	10121.7613	9615.9656	9843.7418
November	9828.7964	9558.4207	9683.2309
December	9679.0191	9395.2078	9488.2507