YEARLY HIGH
0.0093 LRD
YEARLY LOW
0.0082 LRD
YEARLY AVERAGE
0.0089 LRD

2024 LAK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0093. Conversely, the yearly low was recorded on November 27, dropping to 0.0082.

This high-to-low spread represents a total annual volatility of 0.0011 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0092 to the December average rate of 0.0082, the exchange rate registered a net change of -9.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0093 was down 5.11% compared to the 2023 peak of 0.0098, 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 46 LRD
2023 Average 47 LRD
Yearly Trough Low 41 LRD
Transaction Impact: A difference of 5.58 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0093
0.0082
JanuMarcMayJulySeptNove

LAK to LRD 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 0.0091, compared to 0.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0091
H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 LRD (High: 0.0088 / Low: 0.0082). On the other end, July was the most stable month, with a tight range of 0.0000 LRD (High: 0.0088 / Low: 0.0088).

November Spread (Volatile) ±0.0006
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0092) against the same month in 2023 (average: 0.0095), the exchange rate shifted by -0.0003 (-2.68%).

2024 Avg (March) 0.0092
2023 Avg (March) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0092 0.0091 0.0092
February 0.0092 0.0091 0.0091
March 0.0093 0.0091 0.0092
April 0.0091 0.0088 0.0091
May 0.0091 0.0090 0.0091
June 0.0090 0.0088 0.0089
July 0.0088 0.0088 0.0088
August 0.0090 0.0088 0.0088
September 0.0091 0.0088 0.0088
October 0.0088 0.0087 0.0088
November 0.0088 0.0082 0.0084
December 0.0084 0.0082 0.0082