YEARLY HIGH
0.0676 KRW
YEARLY LOW
0.0593 KRW
YEARLY AVERAGE
0.0632 KRW

2024 LAK to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0676. Conversely, the yearly low was recorded on September 28, dropping to 0.0593.

This high-to-low spread represents a total annual volatility of 0.0083 KRW. From a start-to-finish perspective, comparing the January average rate of 0.0642 to the December average rate of 0.0658, the exchange rate registered a net change of 2.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0676 was down 14.04% compared to the 2023 peak of 0.0787, 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 338 KRW
2023 Average 351 KRW
Yearly Trough Low 297 KRW
Transaction Impact: A difference of 41.45 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0664
0.0596
JanuMarcMayJulySeptNove

LAK to KRW 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 0.0639, compared to 0.0625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0639
H2 Avg (Jul–Dec) 0.0625

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0039 KRW (High: 0.0676 / Low: 0.0637). On the other end, February was the most stable month, with a tight range of 0.0011 KRW (High: 0.0645 / Low: 0.0635).

December Spread (Volatile) ±0.0039
February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0658) against the same month in 2023 (average: 0.0630), the exchange rate shifted by +0.0028 (+4.46%).

2024 Avg (December) 0.0658
2023 Avg (December) 0.0630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0651 0.0622 0.0642
February 0.0645 0.0635 0.0639
March 0.0643 0.0628 0.0637
April 0.0654 0.0636 0.0645
May 0.0645 0.0631 0.0639
June 0.0644 0.0626 0.0634
July 0.0628 0.0617 0.0624
August 0.0621 0.0600 0.0610
September 0.0608 0.0593 0.0602
October 0.0631 0.0598 0.0619
November 0.0641 0.0627 0.0636
December 0.0676 0.0637 0.0658