2024 MVR to LAK Historical Review

YEARLY HIGH

1475.6140 LAK

YEARLY LOW

1332.5867 LAK

YEARLY AVERAGE

1401.3685 LAK

2024 MVR to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 1475.6140. Conversely, the yearly low was recorded on January 6, dropping to 1332.5867.

This high-to-low spread represents a total annual volatility of 143.0273 LAK. From a start-to-finish perspective, comparing the January average rate of 1340.6759 to the December average rate of 1420.6695, the exchange rate registered a net change of 5.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1475.6140 was up 8.41% compared to the 2023 peak of 1361.1506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,378,070 LAK

2023 Average 6,081,839 LAK

Yearly Trough Low 6,662,933 LAK

Transaction Impact: A difference of 715,136.44 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1449.1696

1330.8128

JanuMarcMayJulySeptNove

MVR 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 1371.0943, compared to 1431.6426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 60.5483 points.

H1 Avg (Jan–Jun) 1371.0943

H2 Avg (Jul–Dec) 1431.6426

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 102.1815 LAK (High: 1475.6140 / Low: 1373.4324). On the other end, December was the most stable month, with a tight range of 8.7820 LAK (High: 1424.3982 / Low: 1415.6162).

May Spread (Volatile) ±102.1815

December Spread (Stable) ±8.7820

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 10.1431 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -10.1431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1384.9638) against the same month in 2023 (average: 1143.8164), the exchange rate shifted by +241.1475 (+21.08%).

2024 Avg (May) 1384.9638

2023 Avg (May) 1143.8164

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1346.9108	1332.5867	1340.6759
February	1360.7845	1346.7532	1354.0989
March	1365.1702	1343.8069	1355.6660
April	1384.3689	1366.0594	1374.6868
May	1475.6140	1373.4324	1384.9638
June	1446.1185	1389.6721	1416.4744
July	1445.2963	1428.0692	1437.8626
August	1445.4467	1429.6583	1438.2926
September	1445.8112	1435.3931	1439.3065
October	1444.4754	1424.1147	1431.9337
November	1427.8737	1416.0404	1421.7907
December	1424.3982	1415.6162	1420.6695