2024 LAK to JMD Historical Review

YEARLY HIGH

0.0076 JMD

YEARLY LOW

0.0070 JMD

YEARLY AVERAGE

0.0072 JMD

2024 LAK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0076. Conversely, the yearly low was recorded on August 4, dropping to 0.0070.

This high-to-low spread represents a total annual volatility of 0.0005 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0075 to the December average rate of 0.0071, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0076 was down 18.05% compared to the 2023 peak of 0.0092, 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 38 JMD

2023 Average 41 JMD

Yearly Trough Low 35 JMD

Transaction Impact: A difference of 2.68 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0076

0.0070

JanuMarcMayJulySeptNove

LAK to JMD 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 0.0074, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0074

H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0002 JMD (High: 0.0075 / Low: 0.0073). On the other end, January was the most stable month, with a tight range of 0.0000 JMD (High: 0.0075 / Low: 0.0075).

March Spread (Volatile) ±0.0002

January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0075) against the same month in 2023 (average: 0.0091), the exchange rate shifted by -0.0016 (-17.93%).

2024 Avg (February) 0.0075

2023 Avg (February) 0.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0075	0.0075	0.0075
February	0.0076	0.0075	0.0075
March	0.0075	0.0073	0.0074
April	0.0073	0.0072	0.0073
May	0.0074	0.0072	0.0073
June	0.0072	0.0071	0.0071
July	0.0071	0.0070	0.0071
August	0.0071	0.0070	0.0071
September	0.0072	0.0070	0.0071
October	0.0072	0.0071	0.0072
November	0.0073	0.0072	0.0072
December	0.0072	0.0071	0.0071