2024 YER to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 YER to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the YER to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 88.6559. Conversely, the yearly low was recorded on January 6, dropping to 81.9726.
This high-to-low spread represents a total annual volatility of 6.6833 LAK. From a start-to-finish perspective, comparing the January average rate of 82.4792 to the December average rate of 87.5361, the exchange rate registered a net change of 6.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 88.6559 was up 6.91% compared to the 2023 peak of 82.9284, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 YER based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
YER 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 84.4385, compared to 88.0410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6024 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 2.4477 LAK (High: 88.1922 / Low: 85.7445). On the other end, December was the most stable month, with a tight range of 0.4343 LAK (High: 87.6986 / Low: 87.2642).
Growth Streaks & Declines
TrendsBetween 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 0.4646 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 88.3602) against the same month in 2023 (average: 77.6740), the exchange rate shifted by +10.6862 (+13.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 82.8537 | 81.9726 | 82.4792 |
| February | 83.8848 | 82.8606 | 83.2859 |
| March | 84.2495 | 82.9860 | 83.5741 |
| April | 85.5110 | 84.2876 | 84.8486 |
| May | 85.8593 | 84.9607 | 85.3481 |
| June | 88.1922 | 85.7445 | 87.0953 |
| July | 88.6338 | 87.9960 | 88.4236 |
| August | 88.6559 | 87.6758 | 88.3602 |
| September | 88.6487 | 88.0761 | 88.2882 |
| October | 88.6162 | 87.3578 | 87.8236 |
| November | 88.2304 | 87.5375 | 87.8142 |
| December | 87.6986 | 87.2642 | 87.5361 |