2024 SOS to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SOS to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SOS to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 39.1920. Conversely, the yearly low was recorded on January 1, dropping to 35.9356.
This high-to-low spread represents a total annual volatility of 3.2564 LAK. From a start-to-finish perspective, comparing the January average rate of 36.1458 to the December average rate of 38.3143, the exchange rate registered a net change of 6.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 39.1920 was up 7.84% compared to the 2023 peak of 36.3431, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SOS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SOS 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 36.9967, compared to 38.5618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5651 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 1.1324 LAK (High: 38.6277 / Low: 37.4953). On the other end, September was the most stable month, with a tight range of 0.1255 LAK (High: 38.7365 / Low: 38.6110).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2129 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 38.7718) against the same month in 2023 (average: 34.1573), the exchange rate shifted by +4.6145 (+13.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.3135 | 35.9356 | 36.1458 |
| February | 36.5529 | 36.0453 | 36.4619 |
| March | 36.9443 | 36.4361 | 36.6255 |
| April | 37.3572 | 36.9320 | 37.1827 |
| May | 37.6518 | 37.3211 | 37.4003 |
| June | 38.6277 | 37.4953 | 38.1638 |
| July | 38.8611 | 38.6346 | 38.7551 |
| August | 39.1920 | 38.6144 | 38.7718 |
| September | 38.7365 | 38.6110 | 38.6751 |
| October | 38.8494 | 38.2793 | 38.4622 |
| November | 38.4474 | 38.1578 | 38.3924 |
| December | 38.4011 | 38.2443 | 38.3143 |