2024 SBD to LAK Historical Review

YEARLY HIGH

2676.0389 LAK

YEARLY LOW

2386.2295 LAK

YEARLY AVERAGE

2562.6793 LAK

2024 SBD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 2676.0389. Conversely, the yearly low was recorded on March 12, dropping to 2386.2295.

This high-to-low spread represents a total annual volatility of 289.8094 LAK. From a start-to-finish perspective, comparing the January average rate of 2452.0780 to the December average rate of 2612.4341, the exchange rate registered a net change of 6.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2676.0389 was up 8.27% compared to the 2023 peak of 2471.6862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,380,194 LAK

2023 Average 11,194,439 LAK

Yearly Trough Low 11,931,147 LAK

Transaction Impact: A difference of 1,449,047.03 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2669.7833

2432.2866

JanuMarcMayJulySeptNove

SBD 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 2498.2335, compared to 2627.1250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 128.8915 points.

H1 Avg (Jan–Jun) 2498.2335

H2 Avg (Jul–Dec) 2627.1250

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 102.7992 LAK (High: 2489.0287 / Low: 2386.2295). On the other end, May was the most stable month, with a tight range of 27.2990 LAK (High: 2532.4194 / Low: 2505.1204).

March Spread (Volatile) ±102.7992

May Spread (Stable) ±27.2990

Growth Streaks & Declines

Trends

Between January and July, 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 October and November, when the average rate fell by 21.6674 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -21.6674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 2646.6584) against the same month in 2023 (average: 2442.4909), the exchange rate shifted by +204.1675 (+8.36%).

2024 Avg (October) 2646.6584

2023 Avg (October) 2442.4909

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2479.1584	2434.6629	2452.0780
February	2487.0898	2452.3557	2466.0510
March	2489.0287	2386.2295	2471.5953
April	2525.2965	2490.0604	2505.4713
May	2532.4194	2505.1204	2517.1383
June	2615.9905	2529.0348	2577.0673
July	2639.5655	2611.7248	2619.8734
August	2627.8944	2588.5908	2608.8013
September	2673.0047	2608.6992	2649.9919
October	2676.0389	2625.7035	2646.6584
November	2642.7056	2607.4237	2624.9910
December	2632.4244	2600.3856	2612.4341