YEARLY HIGH
397.7847 LAK
YEARLY LOW
365.0635 LAK
YEARLY AVERAGE
376.7797 LAK

2024 PHP to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 397.7847. Conversely, the yearly low was recorded on June 4, dropping to 365.0635.

This high-to-low spread represents a total annual volatility of 32.7212 LAK. From a start-to-finish perspective, comparing the January average rate of 368.9766 to the December average rate of 374.6847, the exchange rate registered a net change of 1.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 397.7847 was up 6.04% compared to the 2023 peak of 375.1142, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 99,446,177 LAK
2023 Average 84,004,419 LAK
Yearly Trough Low 91,265,887 LAK
Transaction Impact: A difference of 8,180,290.08 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

396.9643
366.4323
JanuMarcMayJulySeptNove

PHP 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: JanтАУJun) was 371.4868, compared to 382.0725 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 10.5857 points.

H1 Avg (JanтАУJun) 371.4868
H2 Avg (JulтАУDec) 382.0725

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 17.5545 LAK (High: 393.5153 / Low: 375.9608). On the other end, January was the most stable month, with a tight range of 4.8996 LAK (High: 371.7487 / Low: 366.8491).

October Spread (Volatile) ┬▒17.5545
January Spread (Stable) ┬▒4.8996

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 11.8367 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -11.8367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 394.4200) against the same month in 2023 (average: 350.8471), the exchange rate shifted by +43.5728 (+12.42%).

2024 Avg (September) 394.4200
2023 Avg (September) 350.8471

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 371.7487 366.8491 368.9766
February 374.4471 369.3614 372.1059
March 377.2239 370.7069 374.2565
April 376.2097 369.0391 372.4400
May 373.7941 366.2550 369.6748
June 377.9319 365.0635 371.4672
July 380.4592 375.4704 378.5648
August 393.5600 380.2592 388.2754
September 397.7847 390.6457 394.4200
October 393.5153 375.9608 382.5833
November 377.0376 371.0212 373.9070
December 379.4453 368.5575 374.6847