2024 SRD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SRD to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SRD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 773.5051. Conversely, the yearly low was recorded on January 11, dropping to 558.3977.
This high-to-low spread represents a total annual volatility of 215.1074 LAK. From a start-to-finish perspective, comparing the January average rate of 562.8024 to the December average rate of 621.5624, the exchange rate registered a net change of 10.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 773.5051 was up 38.13% compared to the 2023 peak of 559.9691, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SRD 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 616.3247, compared to 696.7756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 80.4509 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 84.6374 LAK (High: 722.6626 / Low: 638.0253). On the other end, December was the most stable month, with a tight range of 4.8132 LAK (High: 623.8466 / Low: 619.0334).
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 67.4152 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 768.1542) against the same month in 2023 (average: 508.0043), the exchange rate shifted by +260.1499 (+51.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 568.1138 | 558.3977 | 562.8024 |
| February | 591.4426 | 564.6687 | 576.6985 |
| March | 603.2515 | 587.9784 | 593.9216 |
| April | 631.3397 | 601.4367 | 613.8009 |
| May | 668.8912 | 631.4700 | 654.9876 |
| June | 720.9432 | 666.9401 | 695.7375 |
| July | 768.8945 | 716.1503 | 745.8320 |
| August | 773.5051 | 762.8091 | 768.1542 |
| September | 765.7427 | 719.1489 | 744.3812 |
| October | 722.6626 | 638.0253 | 676.9660 |
| November | 637.9667 | 617.2650 | 623.7578 |
| December | 623.8466 | 619.0334 | 621.5624 |