2024 JMD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JMD to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JMD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 142.1065. Conversely, the yearly low was recorded on February 3, dropping to 132.0464.
This high-to-low spread represents a total annual volatility of 10.0601 LAK. From a start-to-finish perspective, comparing the January average rate of 133.1554 to the December average rate of 139.9475, the exchange rate registered a net change of 5.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 142.1065 was up 5.87% compared to the 2023 peak of 134.2235, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
JMD 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 135.9266, compared to 140.1178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1912 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 3.6684 LAK (High: 137.2186 / Low: 133.5502). On the other end, January was the most stable month, with a tight range of 0.8669 LAK (High: 133.5929 / Low: 132.7260).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.8960 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 141.1778) against the same month in 2023 (average: 125.7468), the exchange rate shifted by +15.4310 (+12.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 133.5929 | 132.7260 | 133.1554 |
| February | 133.9436 | 132.0464 | 133.3014 |
| March | 137.2186 | 133.5502 | 135.3701 |
| April | 138.2902 | 136.4432 | 136.9852 |
| May | 138.2039 | 135.8578 | 136.6681 |
| June | 141.4625 | 138.0606 | 140.0791 |
| July | 142.0542 | 141.0537 | 141.5703 |
| August | 142.1065 | 140.4869 | 141.1778 |
| September | 142.0848 | 139.7662 | 140.7176 |
| October | 141.0350 | 138.0656 | 138.8216 |
| November | 139.2994 | 137.7413 | 138.4719 |
| December | 140.4350 | 139.3201 | 139.9475 |