YEARLY HIGH
1.0218 SLL
YEARLY LOW
0.9448 SLL
YEARLY AVERAGE
0.9721 SLL

2024 LAK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.0218. Conversely, the yearly low was recorded on August 3, dropping to 0.9448.

This high-to-low spread represents a total annual volatility of 0.0770 SLL. From a start-to-finish perspective, comparing the January average rate of 1.0156 to the December average rate of 0.9579, the exchange rate registered a net change of -5.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0218 was down 7.23% compared to the 2023 peak of 1.1015, 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 5,109 SLL
2023 Average 5,106 SLL
Yearly Trough Low 4,724 SLL
Transaction Impact: A difference of 385.15 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0224
0.9405
JanuMarcMayJulySeptNove

LAK to SLL 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 0.9924, compared to 0.9519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0405 points.

H1 Avg (Jan–Jun) 0.9924
H2 Avg (Jul–Dec) 0.9519

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0269 SLL (High: 0.9767 / Low: 0.9498). On the other end, September was the most stable month, with a tight range of 0.0062 SLL (High: 0.9511 / Low: 0.9449).

June Spread (Volatile) ±0.0269
September Spread (Stable) ±0.0062

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 0.0201 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.0156) against the same month in 2023 (average: 1.0399), the exchange rate shifted by -0.0243 (-2.34%).

2024 Avg (January) 1.0156
2023 Avg (January) 1.0399

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0218 1.0109 1.0156
February 1.0111 1.0006 1.0059
March 1.0093 0.9942 1.0022
April 0.9936 0.9798 0.9871
May 0.9876 0.9754 0.9818
June 0.9767 0.9498 0.9617
July 0.9518 0.9452 0.9473
August 0.9555 0.9448 0.9480
September 0.9511 0.9449 0.9488
October 0.9586 0.9453 0.9538
November 0.9587 0.9513 0.9555
December 0.9619 0.9551 0.9579