2024 HKD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 HKD to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the HKD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 2854.8415. Conversely, the yearly low was recorded on January 6, dropping to 2627.1480.
This high-to-low spread represents a total annual volatility of 227.6935 LAK. From a start-to-finish perspective, comparing the January average rate of 2641.5898 to the December average rate of 2815.9472, the exchange rate registered a net change of 6.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2854.8415 was up 7.35% compared to the 2023 peak of 2659.3912, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
HKD 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 2703.3714, compared to 2829.1307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 125.7593 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 81.4428 LAK (High: 2827.2332 / Low: 2745.7904). On the other end, December was the most stable month, with a tight range of 16.9784 LAK (High: 2820.9178 / Low: 2803.9394).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 8.9181 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 2829.7696) against the same month in 2023 (average: 2632.2343), the exchange rate shifted by +197.5353 (+7.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2654.3815 | 2627.1480 | 2641.5898 |
| February | 2679.2234 | 2652.0891 | 2665.1615 |
| March | 2695.1829 | 2656.4631 | 2674.4349 |
| April | 2733.9532 | 2695.0238 | 2712.7545 |
| May | 2749.8754 | 2721.2890 | 2734.3204 |
| June | 2827.2332 | 2745.7904 | 2791.9672 |
| July | 2841.4628 | 2819.3911 | 2834.4876 |
| August | 2847.1749 | 2814.9648 | 2837.0222 |
| September | 2850.3878 | 2829.7583 | 2836.7063 |
| October | 2854.8415 | 2815.3308 | 2829.7696 |
| November | 2834.8834 | 2811.1212 | 2820.8515 |
| December | 2820.9178 | 2803.9394 | 2815.9472 |