YEARLY HIGH
2.5806 LAK
YEARLY LOW
2.3876 LAK
YEARLY AVERAGE
2.5062 LAK

2024 GNF to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 2.5806. Conversely, the yearly low was recorded on January 6, dropping to 2.3876.

This high-to-low spread represents a total annual volatility of 0.1930 LAK. From a start-to-finish perspective, comparing the January average rate of 2.4023 to the December average rate of 2.5363, the exchange rate registered a net change of 5.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5806 was up 6.82% compared to the 2023 peak of 2.4159, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,903 LAK
2023 Average 10,849 LAK
Yearly Trough Low 11,938 LAK
Transaction Impact: A difference of 964.92 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5883
2.3854
JanuMarcMayJulySeptNove

GNF 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 2.4588, compared to 2.5536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0948 points.

H1 Avg (Jan–Jun) 2.4588
H2 Avg (Jul–Dec) 2.5536

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0682 LAK (High: 2.5660 / Low: 2.4977). On the other end, July was the most stable month, with a tight range of 0.0159 LAK (High: 2.5806 / Low: 2.5647).

June Spread (Volatile) ±0.0682
July Spread (Stable) ±0.0159

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 0.0125 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.5714) against the same month in 2023 (average: 2.2199), the exchange rate shifted by +0.3515 (+15.83%).

2024 Avg (July) 2.5714
2023 Avg (July) 2.2199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4122 2.3876 2.4023
February 2.4305 2.3961 2.4233
March 2.4565 2.4158 2.4349
April 2.4909 2.4556 2.4728
May 2.5014 2.4697 2.4854
June 2.5660 2.4977 2.5343
July 2.5806 2.5647 2.5714
August 2.5752 2.5582 2.5669
September 2.5706 2.5530 2.5579
October 2.5586 2.5336 2.5454
November 2.5525 2.5297 2.5440
December 2.5456 2.5288 2.5363