2024 SEK to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SEK to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SEK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 2189.1342. Conversely, the yearly low was recorded on April 18, dropping to 1937.1679.
This high-to-low spread represents a total annual volatility of 251.9663 LAK. From a start-to-finish perspective, comparing the January average rate of 1995.8613 to the December average rate of 1991.0226, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 2189.1342 was up 5.88% compared to the 2023 peak of 2067.5925, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SEK 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 2004.3376, compared to 2079.8035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 75.4659 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 107.9434 LAK (High: 2175.0734 / Low: 2067.1301). On the other end, September was the most stable month, with a tight range of 59.7852 LAK (High: 2189.1342 / Low: 2129.3490).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 82.8803 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 2162.2212) against the same month in 2023 (average: 1796.4569), the exchange rate shifted by +365.7643 (+20.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2044.1575 | 1971.2725 | 1995.8613 |
| February | 2029.9548 | 1961.5296 | 1997.6763 |
| March | 2043.1383 | 1965.0022 | 2007.0877 |
| April | 2005.2880 | 1937.1679 | 1963.1961 |
| May | 2041.6868 | 1955.0248 | 1987.2729 |
| June | 2102.3679 | 2038.9582 | 2074.9309 |
| July | 2133.0377 | 2046.9719 | 2082.1166 |
| August | 2175.0734 | 2067.1301 | 2128.5183 |
| September | 2189.1342 | 2129.3490 | 2162.2212 |
| October | 2158.3615 | 2054.8810 | 2098.9113 |
| November | 2068.2704 | 1980.6616 | 2016.0310 |
| December | 2021.3148 | 1959.8180 | 1991.0226 |