2024 ZAR to LAK Historical Review

YEARLY HIGH

1291.0912 LAK

YEARLY LOW

1076.3897 LAK

YEARLY AVERAGE

1178.9028 LAK

2024 ZAR to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 1291.0912. Conversely, the yearly low was recorded on January 22, dropping to 1076.3897.

This high-to-low spread represents a total annual volatility of 214.7015 LAK. From a start-to-finish perspective, comparing the January average rate of 1101.2796 to the December average rate of 1200.4150, the exchange rate registered a net change of 9.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1291.0912 was up 13.35% compared to the 2023 peak of 1139.0789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 64,554,560 LAK

2023 Average 50,651,287 LAK

Yearly Trough Low 53,819,485 LAK

Transaction Impact: A difference of 10,735,075.23 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1272.4760

1079.9780

JanuMarcMayJulySeptNove

ZAR 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 1129.5503, compared to 1228.2554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 98.7051 points.

H1 Avg (Jan–Jun) 1129.5503

H2 Avg (Jul–Dec) 1228.2554

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 89.3062 LAK (High: 1224.6743 / Low: 1135.3681). On the other end, March was the most stable month, with a tight range of 33.2697 LAK (High: 1124.7837 / Low: 1091.5140).

June Spread (Volatile) ±89.3062

March Spread (Stable) ±33.2697

Growth Streaks & Declines

Trends

Between February and September, 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 October and November, when the average rate fell by 29.0067 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -29.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1256.4345) against the same month in 2023 (average: 1050.6132), the exchange rate shifted by +205.8213 (+19.59%).

2024 Avg (September) 1256.4345

2023 Avg (September) 1050.6132

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1126.6371	1076.3897	1101.2796
February	1116.1922	1080.1119	1096.0195
March	1124.7837	1091.5140	1109.6620
April	1146.7488	1102.1870	1124.9611
May	1182.0007	1143.8581	1160.2058
June	1224.6743	1135.3681	1185.1738
July	1233.0871	1186.6970	1214.4406
August	1249.7090	1183.9216	1224.7367
September	1291.0912	1230.5091	1256.4345
October	1274.9205	1233.6890	1251.2561
November	1267.8358	1200.2795	1222.2494
December	1235.7945	1156.6352	1200.4150