YEARLY HIGH
0.4188 GNF
YEARLY LOW
0.3875 GNF
YEARLY AVERAGE
0.3992 GNF

2024 LAK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.4188. Conversely, the yearly low was recorded on July 23, dropping to 0.3875.

This high-to-low spread represents a total annual volatility of 0.0313 GNF. From a start-to-finish perspective, comparing the January average rate of 0.4163 to the December average rate of 0.3943, the exchange rate registered a net change of -5.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4188 was down 19.87% compared to the 2023 peak of 0.5227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,094 GNF
2023 Average 2,320 GNF
Yearly Trough Low 1,938 GNF
Transaction Impact: A difference of 156.61 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4190
0.3862
JanuMarcMayJulySeptNove

LAK to GNF 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 0.4068, compared to 0.3916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 0.4068
H2 Avg (Jul–Dec) 0.3916

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0106 GNF (High: 0.4004 / Low: 0.3897). On the other end, July was the most stable month, with a tight range of 0.0024 GNF (High: 0.3899 / Low: 0.3875).

June Spread (Volatile) ±0.0106
July Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0077 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4163) against the same month in 2023 (average: 0.5101), the exchange rate shifted by -0.0939 (-18.40%).

2024 Avg (January) 0.4163
2023 Avg (January) 0.5101

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4188 0.4146 0.4163
February 0.4174 0.4114 0.4127
March 0.4139 0.4071 0.4107
April 0.4072 0.4015 0.4044
May 0.4049 0.3998 0.4023
June 0.4004 0.3897 0.3946
July 0.3899 0.3875 0.3889
August 0.3909 0.3883 0.3896
September 0.3917 0.3890 0.3910
October 0.3947 0.3908 0.3929
November 0.3953 0.3918 0.3931
December 0.3954 0.3928 0.3943