YEARLY HIGH
29624.1114 LAK
YEARLY LOW
25946.0689 LAK
YEARLY AVERAGE
27591.4235 LAK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 148,120,557 LAK
2023 Average 116,357,504 LAK
Yearly Trough Low 129,730,344 LAK
Transaction Impact: A difference of 18,390,212.91 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29516.8264
25942.1016
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 26738.5514
H2 Avg (Jul–Dec) 28444.2955

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±1165.2517
February Spread (Stable) ±380.7121

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -703.1160

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (September) 29218.9327
2023 Avg (September) 24679.5908

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