2024 MDL to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MDL to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MDL to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 1282.1213. Conversely, the yearly low was recorded on January 13, dropping to 1161.7481.
This high-to-low spread represents a total annual volatility of 120.3732 LAK. From a start-to-finish perspective, comparing the January average rate of 1171.7973 to the December average rate of 1195.0651, the exchange rate registered a net change of 1.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1282.1213 was up 7.90% compared to the 2023 peak of 1188.2216, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MDL 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 1194.4927, compared to 1240.3697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 45.8770 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 53.3708 LAK (High: 1277.0603 / Low: 1223.6894). On the other end, February was the most stable month, with a tight range of 11.8815 LAK (High: 1177.2565 / Low: 1165.3750).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 28.2613 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 1265.1592) against the same month in 2023 (average: 1099.7712), the exchange rate shifted by +165.3880 (+15.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1188.3460 | 1161.7481 | 1171.7973 |
| February | 1177.2565 | 1165.3750 | 1171.0617 |
| March | 1197.9373 | 1175.7784 | 1185.2991 |
| April | 1209.2244 | 1187.4091 | 1198.5279 |
| May | 1220.9313 | 1202.2270 | 1209.6343 |
| June | 1238.0702 | 1219.2995 | 1230.6358 |
| July | 1262.1944 | 1239.2936 | 1250.3724 |
| August | 1282.1213 | 1249.7125 | 1265.1592 |
| September | 1279.5683 | 1265.4859 | 1271.7829 |
| October | 1277.0603 | 1223.6894 | 1243.5216 |
| November | 1231.5245 | 1198.6802 | 1216.3170 |
| December | 1204.2449 | 1185.4078 | 1195.0651 |