2024 JOD to LAK Historical Review

YEARLY HIGH

31317.9060 LAK

YEARLY LOW

28928.4395 LAK

YEARLY AVERAGE

30445.8904 LAK

2024 JOD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 31317.9060. Conversely, the yearly low was recorded on January 6, dropping to 28928.4395.

This high-to-low spread represents a total annual volatility of 2389.4665 LAK. From a start-to-finish perspective, comparing the January average rate of 29105.4293 to the December average rate of 30864.5296, the exchange rate registered a net change of 6.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 31317.9060 was up 7.02% compared to the 2023 peak of 29264.8343, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 156,589,530 LAK

2023 Average 131,816,883 LAK

Yearly Trough Low 144,642,197 LAK

Transaction Impact: A difference of 11,947,332.63 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

31447.6936

28892.4962

JanuMarcMayJulySeptNove

JOD 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 29814.3407, compared to 31077.4401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1263.0993 points.

H1 Avg (Jan–Jun) 29814.3407

H2 Avg (Jul–Dec) 31077.4401

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 865.0581 LAK (High: 31152.0287 / Low: 30286.9706). On the other end, September was the most stable month, with a tight range of 196.6140 LAK (High: 31315.3687 / Low: 31118.7547).

June Spread (Volatile) ±865.0581

September Spread (Stable) ±196.6140

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 167.4911 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -167.4911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 31211.7767) against the same month in 2023 (average: 27460.8594), the exchange rate shifted by +3750.9173 (+13.66%).

2024 Avg (August) 31211.7767

2023 Avg (August) 27460.8594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29237.3008	28928.4395	29105.4293
February	29548.9024	29244.2188	29398.0285
March	29752.9679	29306.7198	29514.9368
April	30199.4394	29772.3484	29971.2330
May	30327.5027	29952.4126	30131.1892
June	31152.0287	30286.9706	30765.2275
July	31304.2170	31083.5084	31234.7605
August	31317.9060	30965.5062	31211.7767
September	31315.3687	31118.7547	31186.9616
October	31300.7650	30865.5320	31019.4704
November	31084.6947	30841.0965	30947.1417
December	30962.2681	30735.2164	30864.5296