2024 QAR to LAK Historical Review

YEARLY HIGH

6142.0642 LAK

YEARLY LOW

5632.4595 LAK

YEARLY AVERAGE

5925.0175 LAK

2024 QAR to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 6142.0642. Conversely, the yearly low was recorded on January 1, dropping to 5632.4595.

This high-to-low spread represents a total annual volatility of 509.6047 LAK. From a start-to-finish perspective, comparing the January average rate of 5667.6152 to the December average rate of 6009.1382, the exchange rate registered a net change of 6.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6142.0642 was up 7.76% compared to the 2023 peak of 5699.6526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30,710,321 LAK

2023 Average 25,660,423 LAK

Yearly Trough Low 28,162,297 LAK

Transaction Impact: A difference of 2,548,023.67 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6120.4548

5626.4480

JanuMarcMayJulySeptNove

QAR 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 5802.1686, compared to 6047.8665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 245.6979 points.

H1 Avg (Jan–Jun) 5802.1686

H2 Avg (Jul–Dec) 6047.8665

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 177.5027 LAK (High: 6052.1081 / Low: 5874.6054). On the other end, November was the most stable month, with a tight range of 32.6673 LAK (High: 6038.4873 / Low: 6005.8200).

June Spread (Volatile) ±177.5027

November Spread (Stable) ±32.6673

Growth Streaks & Declines

Trends

Between January and August, 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 35.2661 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -35.2661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 6079.2876) against the same month in 2023 (average: 5335.3079), the exchange rate shifted by +743.9797 (+13.94%).

2024 Avg (August) 6079.2876

2023 Avg (August) 5335.3079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5696.9037	5632.4595	5667.6152
February	5738.2228	5690.6086	5721.1805
March	5792.5944	5709.5986	5745.5562
April	5872.9928	5796.6542	5831.9391
May	5903.9315	5841.7784	5862.4887
June	6052.1081	5874.6054	5984.2319
July	6093.0372	6052.4537	6074.9533
August	6142.0642	6043.0358	6079.2876
September	6094.1220	6056.5740	6067.1170
October	6092.0713	6005.6664	6031.8509
November	6038.4873	6005.8200	6024.8519
December	6027.5101	5993.6865	6009.1382