2020 LBP to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 LBP to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the LBP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 10.6873. Conversely, the yearly low was recorded on June 21, dropping to 5.3962.
This high-to-low spread represents a total annual volatility of 5.2911 LAK. From a start-to-finish perspective, comparing the January average rate of 5.8699 to the December average rate of 6.1306, the exchange rate registered a net change of 4.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 10.6873 was up 81.63% compared to the 2019 peak of 5.8839, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LBP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
LBP to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.9301, compared to 6.0888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1587 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 4.7246 LAK (High: 10.6873 / Low: 5.9627). On the other end, February was the most stable month, with a tight range of 0.0218 LAK (High: 5.8904 / Low: 5.8686).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 0.1227 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2020: 6.1339) against the same month in 2019 (average: 5.7597), the exchange rate shifted by +0.3741 (+6.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.8800 | 5.7606 | 5.8699 |
| February | 5.8904 | 5.8686 | 5.8818 |
| March | 9.8166 | 5.8480 | 6.0169 |
| April | 5.9384 | 5.8670 | 5.9228 |
| May | 5.9612 | 5.9091 | 5.9476 |
| June | 5.9992 | 5.3962 | 5.9414 |
| July | 10.6873 | 5.9627 | 6.1339 |
| August | 6.0451 | 5.9778 | 6.0111 |
| September | 6.1003 | 5.9845 | 6.0312 |
| October | 6.1430 | 6.0798 | 6.1040 |
| November | 6.1583 | 6.1014 | 6.1220 |
| December | 6.1422 | 6.1060 | 6.1306 |