YEARLY HIGH
682.4950 LAK
YEARLY LOW
573.8657 LAK
YEARLY AVERAGE
613.0784 LAK

2024 THB to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 682.4950. Conversely, the yearly low was recorded on April 30, dropping to 573.8657.

This high-to-low spread represents a total annual volatility of 108.6293 LAK. From a start-to-finish perspective, comparing the January average rate of 587.1163 to the December average rate of 640.9352, the exchange rate registered a net change of 9.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 682.4950 was up 13.64% compared to the 2023 peak of 600.5726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 170,623,757 LAK
2023 Average 134,313,030 LAK
Yearly Trough Low 143,466,434 LAK
Transaction Impact: A difference of 27,157,323.50 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

673.2334
569.2522
JanuMarcMayJulySeptNove

THB 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 584.4031, compared to 641.7536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 57.3505 points.

H1 Avg (Jan–Jun) 584.4031
H2 Avg (Jul–Dec) 641.7536

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 37.7958 LAK (High: 682.4950 / Low: 644.6992). On the other end, April was the most stable month, with a tight range of 10.9599 LAK (High: 584.8256 / Low: 573.8657).

September Spread (Volatile) ±37.7958
April Spread (Stable) ±10.9599

Growth Streaks & Declines

Trends

Between 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 20.9235 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -20.9235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 664.5683) against the same month in 2023 (average: 556.4572), the exchange rate shifted by +108.1111 (+19.43%).

2024 Avg (September) 664.5683
2023 Avg (September) 556.4572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 599.6017 578.8706 587.1163
February 588.7367 577.3242 581.5728
March 590.7737 574.4195 582.2160
April 584.8256 573.8657 577.9173
May 591.3999 577.0774 583.5194
June 601.4920 584.2586 594.0767
July 624.8433 599.7520 611.0488
August 652.0380 622.4191 637.4659
September 682.4950 644.6992 664.5683
October 681.5008 648.3446 658.7135
November 652.5374 627.5379 637.7900
December 649.5403 632.9797 640.9352