2024 THB to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |