YEARLY HIGH
1722.3838 LAK
YEARLY LOW
1450.4424 LAK
YEARLY AVERAGE
1579.2779 LAK

2024 SCR to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 1722.3838. Conversely, the yearly low was recorded on December 15, dropping to 1450.4424.

This high-to-low spread represents a total annual volatility of 271.9413 LAK. From a start-to-finish perspective, comparing the January average rate of 1543.1542 to the December average rate of 1551.8604, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1722.3838 was up 5.91% compared to the 2023 peak of 1626.2001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,611,919 LAK
2023 Average 6,963,610 LAK
Yearly Trough Low 7,252,212 LAK
Transaction Impact: A difference of 1,359,706.64 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1654.1773
1529.1694
JanuMarcMayJulySeptNove

SCR 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 1556.3346, compared to 1602.2213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 45.8867 points.

H1 Avg (Jan–Jun) 1556.3346
H2 Avg (Jul–Dec) 1602.2213

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 255.3882 LAK (High: 1722.3838 / Low: 1466.9956). On the other end, May was the most stable month, with a tight range of 52.1582 LAK (High: 1591.8030 / Low: 1539.6449).

August Spread (Volatile) ±255.3882
May Spread (Stable) ±52.1582

Growth Streaks & Declines

Trends

Between March and September, 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 November and December, when the average rate fell by 44.6992 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -44.6992

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1611.8033) against the same month in 2023 (average: 1453.9943), the exchange rate shifted by +157.8090 (+10.85%).

2024 Avg (August) 1611.8033
2023 Avg (August) 1453.9943

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1582.5443 1484.8946 1543.1542
February 1581.2412 1509.3770 1549.0391
March 1570.0612 1465.7616 1539.5867
April 1585.5984 1481.6140 1563.2454
May 1591.8030 1539.6449 1564.0199
June 1610.2961 1494.9503 1578.9619
July 1634.4659 1571.2797 1604.7513
August 1722.3838 1466.9956 1611.8033
September 1721.3796 1589.8891 1643.7599
October 1684.1104 1457.8092 1604.5932
November 1639.1588 1535.6388 1596.5596
December 1648.9928 1450.4424 1551.8604