YEARLY HIGH
0.0018 SRD
YEARLY LOW
0.0013 SRD
YEARLY AVERAGE
0.0015 SRD

2024 LAK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0018. Conversely, the yearly low was recorded on August 5, dropping to 0.0013.

This high-to-low spread represents a total annual volatility of 0.0005 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0016, the exchange rate registered a net change of -9.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0018 was down 18.16% compared to the 2023 peak of 0.0022, 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 9 SRD
2023 Average 10 SRD
Yearly Trough Low 6 SRD
Transaction Impact: A difference of 2.49 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0018
0.0013
JanuMarcMayJulySeptNove

LAK to SRD 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 0.0016, compared to 0.0014 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) 0.0016
H2 Avg (Jul–Dec) 0.0014

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0002 SRD (High: 0.0016 / Low: 0.0014). On the other end, December was the most stable month, with a tight range of 0.0000 SRD (High: 0.0016 / Low: 0.0016).

October Spread (Volatile) ±0.0002
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0018) against the same month in 2023 (average: 0.0019), the exchange rate shifted by -0.0001 (-5.13%).

2024 Avg (January) 0.0018
2023 Avg (January) 0.0019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0018 0.0018
February 0.0018 0.0017 0.0017
March 0.0017 0.0017 0.0017
April 0.0017 0.0016 0.0016
May 0.0016 0.0015 0.0015
June 0.0015 0.0014 0.0014
July 0.0014 0.0013 0.0013
August 0.0013 0.0013 0.0013
September 0.0014 0.0013 0.0013
October 0.0016 0.0014 0.0015
November 0.0016 0.0016 0.0016
December 0.0016 0.0016 0.0016