2024 LBP to LAK Historical Review

YEARLY HIGH

1.3935 LAK

YEARLY LOW

0.2326 LAK

YEARLY AVERAGE

0.4059 LAK

2024 LBP to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 1.3935. Conversely, the yearly low was recorded on March 1, dropping to 0.2326.

This high-to-low spread represents a total annual volatility of 1.1609 LAK. From a start-to-finish perspective, comparing the January average rate of 1.3738 to the December average rate of 0.2445, the exchange rate registered a net change of -82.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.3935 was down 87.85% compared to the 2023 peak of 11.4715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LBP based on timing:

Yearly Peak High 6,967 LAK

2023 Average 11,174 LAK

Yearly Trough Low 1,163 LAK

Transaction Impact: A difference of 5,804.47 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.4878

0.1197

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5658, compared to 0.2460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3198 points.

H1 Avg (Jan–Jun) 0.5658

H2 Avg (Jul–Dec) 0.2460

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1.1606 LAK (High: 1.3935 / Low: 0.2329). On the other end, December was the most stable month, with a tight range of 0.0011 LAK (High: 0.2451 / Low: 0.2440).

February Spread (Volatile) ±1.1606

December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between March and July, 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 February and March, when the average rate fell by 0.8342 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.0679) against the same month in 2023 (average: 2.9107), the exchange rate shifted by -1.8427 (-63.31%).

2024 Avg (February) 1.0679

2023 Avg (February) 2.9107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3814	1.3661	1.3738
February	1.3935	0.2329	1.0679
March	0.2358	0.2326	0.2337
April	0.2392	0.2355	0.2373
May	0.2401	0.2379	0.2386
June	0.2465	0.2399	0.2435
July	0.2477	0.2465	0.2473
August	0.2479	0.2460	0.2472
September	0.2478	0.2463	0.2467
October	0.2478	0.2437	0.2453
November	0.2454	0.2435	0.2449
December	0.2451	0.2440	0.2445