2024 SDG to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SDG to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SDG to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 37.8589. Conversely, the yearly low was recorded on January 6, dropping to 34.1461.
This high-to-low spread represents a total annual volatility of 3.7127 LAK. From a start-to-finish perspective, comparing the January average rate of 34.3563 to the December average rate of 36.3927, the exchange rate registered a net change of 5.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 37.8589 was down 0.12% compared to the 2023 peak of 37.9050, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SDG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SDG 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 35.4873, compared to 36.6961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2088 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 2.0973 LAK (High: 37.4272 / Low: 35.3299). On the other end, September was the most stable month, with a tight range of 0.2420 LAK (High: 36.8964 / Low: 36.6544).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.5597 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 37.2269) against the same month in 2023 (average: 31.7874), the exchange rate shifted by +5.4395 (+17.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.5132 | 34.1461 | 34.3563 |
| February | 34.8977 | 34.5092 | 34.6904 |
| March | 35.8255 | 34.5683 | 35.2467 |
| April | 36.5228 | 35.1467 | 36.2227 |
| May | 37.4272 | 35.3299 | 35.6630 |
| June | 37.4049 | 35.7245 | 36.7446 |
| July | 37.8589 | 36.6589 | 37.2269 |
| August | 36.8994 | 36.4842 | 36.7750 |
| September | 36.8964 | 36.6544 | 36.7436 |
| October | 36.8792 | 36.3664 | 36.5523 |
| November | 36.6453 | 36.3633 | 36.4862 |
| December | 36.5010 | 36.2435 | 36.3927 |