YEARLY HIGH
1.0584 LAK
YEARLY LOW
0.9787 LAK
YEARLY AVERAGE
1.0293 LAK

2024 SLL to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 1.0584. Conversely, the yearly low was recorded on January 6, dropping to 0.9787.

This high-to-low spread represents a total annual volatility of 0.0798 LAK. From a start-to-finish perspective, comparing the January average rate of 0.9847 to the December average rate of 1.0439, the exchange rate registered a net change of 6.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0584 was down 3.01% compared to the 2023 peak of 1.0913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,292 LAK
2023 Average 4,904 LAK
Yearly Trough Low 4,893 LAK
Transaction Impact: A difference of 398.95 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0628
0.9776
JanuMarcMayJulySeptNove

SLL 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 1.0080, compared to 1.0506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0426 points.

H1 Avg (Jan–Jun) 1.0080
H2 Avg (Jul–Dec) 1.0506

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0289 LAK (High: 1.0528 / Low: 1.0239). On the other end, September was the most stable month, with a tight range of 0.0069 LAK (High: 1.0584 / Low: 1.0514).

June Spread (Volatile) ±0.0289
September Spread (Stable) ±0.0069

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 September and October, when the average rate fell by 0.0055 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.0549) against the same month in 2023 (average: 0.9272), the exchange rate shifted by +0.1277 (+13.77%).

2024 Avg (August) 1.0549
2023 Avg (August) 0.9272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9892 0.9787 0.9847
February 0.9994 0.9891 0.9941
March 1.0058 0.9908 0.9978
April 1.0206 1.0065 1.0131
May 1.0253 1.0126 1.0185
June 1.0528 1.0239 1.0399
July 1.0580 1.0507 1.0557
August 1.0584 1.0465 1.0549
September 1.0584 1.0514 1.0540
October 1.0579 1.0432 1.0485
November 1.0512 1.0431 1.0466
December 1.0470 1.0396 1.0439