2024 SGD to LAK Historical Review

YEARLY HIGH

17253.3010 LAK

YEARLY LOW

15374.1280 LAK

YEARLY AVERAGE

16155.5198 LAK

2024 SGD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 17253.3010. Conversely, the yearly low was recorded on January 17, dropping to 15374.1280.

This high-to-low spread represents a total annual volatility of 1879.1731 LAK. From a start-to-finish perspective, comparing the January average rate of 15456.9743 to the December average rate of 16202.7153, the exchange rate registered a net change of 4.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17253.3010 was up 10.67% compared to the 2023 peak of 15589.7590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 86,266,505 LAK

2023 Average 69,589,652 LAK

Yearly Trough Low 76,870,640 LAK

Transaction Impact: A difference of 9,395,865.35 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17219.0664

15296.7841

JanuMarcMayJulySeptNove

SGD 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 15689.7512, compared to 16621.2885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 931.5374 points.

H1 Avg (Jan–Jun) 15689.7512

H2 Avg (Jul–Dec) 16621.2885

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 651.2196 LAK (High: 17219.2354 / Low: 16568.0157). On the other end, April was the most stable month, with a tight range of 152.1354 LAK (High: 15734.3418 / Low: 15582.2064).

October Spread (Volatile) ±651.2196

April Spread (Stable) ±152.1354

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 351.6595 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -351.6595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 17058.8762) against the same month in 2023 (average: 14614.5965), the exchange rate shifted by +2444.2797 (+16.72%).

2024 Avg (September) 17058.8762

2023 Avg (September) 14614.5965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15603.1549	15374.1280	15456.9743
February	15597.6611	15430.6572	15497.7108
March	15686.4798	15484.2644	15599.1450
April	15734.3418	15582.2064	15650.6838
May	15907.2087	15694.0861	15811.5576
June	16274.6977	15864.0708	16122.4355
July	16599.8914	16264.9826	16449.6181
August	16979.7076	16596.5590	16815.8763
September	17253.3010	16913.2512	17058.8762
October	17219.2354	16568.0157	16776.1524
November	16661.3533	16255.3198	16424.4928
December	16388.4414	15993.0438	16202.7153