2024 GYD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 GYD to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the GYD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 106.2755. Conversely, the yearly low was recorded on March 13, dropping to 97.6090.
This high-to-low spread represents a total annual volatility of 8.6665 LAK. From a start-to-finish perspective, comparing the January average rate of 98.6650 to the December average rate of 104.6789, the exchange rate registered a net change of 6.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 106.2755 was up 7.06% compared to the 2023 peak of 99.2701, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
GYD 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 101.0094, compared to 105.3157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3064 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 3.2605 LAK (High: 100.8695 / Low: 97.6090). On the other end, December was the most stable month, with a tight range of 0.4571 LAK (High: 104.9381 / Low: 104.4810).
Growth Streaks & Declines
TrendsBetween 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 0.5899 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 105.8201) against the same month in 2023 (average: 92.8885), the exchange rate shifted by +12.9316 (+13.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 99.2254 | 98.0823 | 98.6650 |
| February | 99.8283 | 99.1378 | 99.5977 |
| March | 100.8695 | 97.6090 | 99.9494 |
| April | 102.0483 | 100.8040 | 101.5199 |
| May | 102.7472 | 101.4976 | 102.0968 |
| June | 105.5081 | 102.6397 | 104.2274 |
| July | 106.0656 | 105.5564 | 105.8420 |
| August | 106.2755 | 105.4352 | 105.8201 |
| September | 106.0889 | 105.3624 | 105.6258 |
| October | 106.1686 | 104.5174 | 105.0358 |
| November | 105.3960 | 104.5514 | 104.8916 |
| December | 104.9381 | 104.4810 | 104.6789 |