2024 NAD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NAD to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NAD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 1285.4569. Conversely, the yearly low was recorded on January 22, dropping to 1078.3490.
This high-to-low spread represents a total annual volatility of 207.1079 LAK. From a start-to-finish perspective, comparing the January average rate of 1099.2025 to the December average rate of 1201.4103, the exchange rate registered a net change of 9.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1285.4569 was up 12.91% compared to the 2023 peak of 1138.4436, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NAD 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 1129.6945, compared to 1228.6943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 98.9998 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 94.2123 LAK (High: 1227.2400 / Low: 1133.0278). On the other end, January was the most stable month, with a tight range of 34.2223 LAK (High: 1112.5712 / Low: 1078.3490).
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 October and November, when the average rate fell by 26.7786 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 1254.7427) against the same month in 2023 (average: 1050.2149), the exchange rate shifted by +204.5279 (+19.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1112.5712 | 1078.3490 | 1099.2025 |
| February | 1124.9533 | 1080.0426 | 1098.7416 |
| March | 1124.0581 | 1089.8063 | 1109.8283 |
| April | 1144.3797 | 1109.7384 | 1124.7972 |
| May | 1180.2101 | 1145.7456 | 1161.7894 |
| June | 1227.2400 | 1133.0278 | 1183.8081 |
| July | 1230.9670 | 1195.8325 | 1213.9470 |
| August | 1253.1430 | 1194.7044 | 1226.8110 |
| September | 1285.4569 | 1229.6330 | 1254.7427 |
| October | 1282.8884 | 1236.7984 | 1251.0167 |
| November | 1255.7015 | 1202.4658 | 1224.2381 |
| December | 1241.2945 | 1158.9365 | 1201.4103 |