2024 FKP to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FKP to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FKP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 29624.1114. Conversely, the yearly low was recorded on January 2, dropping to 25946.0689.
This high-to-low spread represents a total annual volatility of 3678.0426 LAK. From a start-to-finish perspective, comparing the January average rate of 26239.9954 to the December average rate of 27657.3006, the exchange rate registered a net change of 5.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 29624.1114 was up 12.33% compared to the 2023 peak of 26372.9520, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
FKP 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 26738.5514, compared to 28444.2955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1705.7441 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 1165.2517 LAK (High: 29445.7297 / Low: 28280.4781). On the other end, February was the most stable month, with a tight range of 380.7121 LAK (High: 26488.5043 / Low: 26107.7922).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 703.1160 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 29218.9327) against the same month in 2023 (average: 24679.5908), the exchange rate shifted by +4539.3418 (+18.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26361.5488 | 25946.0689 | 26239.9954 |
| February | 26488.5043 | 26107.7922 | 26331.0621 |
| March | 26853.9306 | 26340.6225 | 26588.7387 |
| April | 26824.1984 | 26304.5272 | 26574.8728 |
| May | 27383.4967 | 26658.6088 | 26989.4539 |
| June | 27937.5325 | 27346.8992 | 27707.1855 |
| July | 28801.0065 | 27926.6030 | 28489.7408 |
| August | 29273.7934 | 28110.9211 | 28637.9859 |
| September | 29624.1114 | 28847.9398 | 29218.9327 |
| October | 29445.7297 | 28280.4781 | 28682.4646 |
| November | 28545.7019 | 27509.1709 | 27979.3485 |
| December | 27991.3777 | 27354.2997 | 27657.3006 |