YEARLY HIGH
5985.0356 LAK
YEARLY LOW
5381.8102 LAK
YEARLY AVERAGE
5751.5186 LAK

2024 PEN to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 5985.0356. Conversely, the yearly low was recorded on February 14, dropping to 5381.8102.

This high-to-low spread represents a total annual volatility of 603.2254 LAK. From a start-to-finish perspective, comparing the January average rate of 5534.1149 to the December average rate of 5866.0953, the exchange rate registered a net change of 6.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5985.0356 was up 7.26% compared to the 2023 peak of 5579.9458, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29,925,178 LAK
2023 Average 25,014,011 LAK
Yearly Trough Low 26,909,051 LAK
Transaction Impact: A difference of 3,016,127.12 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5970.2762
5397.1652
JanuMarcMayJulySeptNove

PEN 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 5636.2446, compared to 5866.7926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 230.5481 points.

H1 Avg (Jan–Jun) 5636.2446
H2 Avg (Jul–Dec) 5866.7926

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 219.5290 LAK (High: 5962.0038 / Low: 5742.4748). On the other end, December was the most stable month, with a tight range of 80.2900 LAK (High: 5897.8448 / Low: 5817.5548).

July Spread (Volatile) ±219.5290
December Spread (Stable) ±80.2900

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 89.1904 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -89.1904

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 5861.8572) against the same month in 2023 (average: 5365.6282), the exchange rate shifted by +496.2290 (+9.25%).

2024 Avg (October) 5861.8572
2023 Avg (October) 5365.6282

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5580.3733 5438.4427 5534.1149
February 5508.1909 5381.8102 5444.9245
March 5691.1956 5515.4830 5632.6990
April 5780.0556 5643.2800 5717.4732
May 5781.9080 5672.8505 5724.1720
June 5813.1441 5700.7932 5764.0839
July 5962.0038 5742.4748 5881.9922
August 5984.2170 5890.8540 5922.5170
September 5941.0882 5796.4287 5863.5631
October 5985.0356 5811.7490 5861.8572
November 5859.6641 5768.1693 5804.7308
December 5897.8448 5817.5548 5866.0953