Afghani (AFN) To Lao Kip (LAK) Lowest Exchange Rate

| November 13, 2018

This report analyzes the lowest exchange rate of Afghani (AFN) - Lao Kip (LAK). The sections include the comparison to other similar currency pairs and losses during the lowest rate date. Additionally, you will find a section that analyzes how low other stronger currencies against AFN have gone.

The time range of analysis of this report is between 2014-12-01 and 2018-10-01. We will update this report regularly once in about 2 to 3 months.

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Below is a table of contents to help you navigate through the report.

  1. AFN/LAK Lowest Exchange Rate
  2. 1-Week, 1-Month and 1-Year Losses During AFN/LAK Lowest Rate
  3. Loss At Lowest Rate If You Had Bought Afghani (AFN) At Previous Highest Rate
  4. AFN/LAK Lowest Rate Compared To 3 Of The Strongest Currencies
  5. AFN/LAK Lowest Rate Compared To 3 Similar Currencies To Lao Kip (LAK)
  6. AFN to LAK - Top 20 Monthly & Weekly Lowest Average Rates

Recommended Reading: AFN/LAK highest rate report will help you look at the best performance of the currency pair in detail (for the same timeframe of analysis as this report).

1 AFN/LAK Lowest Exchange Rate

The lowest rate for AFN/LAK pair was 111.284500. The corresponding date was 2018-09-16. We will not just stop with mentioning the rate. Rather we will be using a common sense approach to assess the magnitude of the rate drop. The method is explained in the next paragraph.

We will begin by finding the year of occurrence of the lowest exchange rate. For that year, we will be computing the annual and monthly average rates. We will then compare both the averages against the lowest rate.

Below table lists the computed average rates as well as the difference between the lowest rate and the averages.

Duration Average Rate Lowest Rate Vs Averages
Year (2018)116.833326-4.75 %
Month (09-2018)113.014808-1.53 %

Below is a visual representation of the table you just saw. The below graph compares the average rates against the lowest rate of Afghani (AFN) - Lao Kip (LAK).

Afghani (AFN) - Lao Kip (LAK) Lowest Rate

Below table shows daily rates on lowest month:

DateCloseOne-day Gain (%)Rate-Change From Past Day
2nd September 2018115.6640.000000 (0.00 %)
3rd September 2018115.138-0.526199 (-0.45 %)-0.526 (-0.45 %)
4th September 2018114.8830.000000 (0.00 %)-0.255 (-0.22 %)
5th September 2018114.683-0.200699 (-0.17 %)-0.2 (-0.17 %)
6th September 2018114.615-0.067505 (-0.06 %)-0.068 (-0.06 %)
7th September 2018114.0610.040298 (0.04 %)-0.554 (-0.48 %)
9th September 2018114.0610.000000 (0.00 %)0 (0 %)
10th September 2018114.2980.237106 (0.21 %)0.237 (0.21 %)
11th September 2018113.9850.009697 (0.01 %)-0.313 (-0.27 %)
12th September 2018112.187-1.771400 (-1.55 %)-1.798 (-1.58 %)
13th September 2018112.782-0.404198 (-0.36 %)0.595 (0.53 %)
14th September 2018111.285-1.497200 (-1.33 %)-1.497 (-1.33 %)
16th September 2018111.2850.000000 (0.00 %)0 (0 %)
17th September 2018111.690.405502 (0.36 %)0.405 (0.36 %)
18th September 2018112.50.810295 (0.73 %)0.81 (0.73 %)
19th September 2018112.33-0.143501 (-0.13 %)-0.17 (-0.15 %)
20th September 2018112.330.000000 (0.00 %)0 (0 %)
21st September 2018111.736-0.594696 (-0.53 %)-0.594 (-0.53 %)
24th September 2018112.5320.202003 (0.18 %)0.796 (0.71 %)
25th September 2018112.108-0.424706 (-0.38 %)-0.424 (-0.38 %)
26th September 2018112.1920.169800 (0.15 %)0.084 (0.07 %)
27th September 2018111.813-0.379196 (-0.34 %)-0.379 (-0.34 %)
28th September 2018111.9710.092201 (0.08 %)0.158 (0.14 %)
30th September 2018112.2260.000000 (0.00 %)0.255 (0.23 %)

2 1-Week, 1-Month and 1-Year Losses During AFN/LAK Lowest Rate

Someone who invested in Lao Kip (LAK) using Afghani (AFN) before the lowest rate day is bound to lose if he sold on that day. This section compares the losses one could have made by investing 1 week, 1 month and 1 year before the lowest exchange rate day.

Note: In case you see NA (Not Applicable) values in the below table that denotes a lack of data for the corresponding time range. For example, assume that the lowest rate was during the first week of the range of data used for this report. Then we will not be able to compute the value for someone who invested 1 year before.

Below table and graph represent the losses by investing in AFN/LAK pair (subject to data availability) for 1 week, 1 month and 1 year before 2018-09-16.

Days Before Lowest CloseClose (Rate)Losses(%)
1 Week 2018-09-09114.061-2.43 %
1 Month 2018-08-16116.776-4.7 %
1 Year 2017-09-15120.531-7.67 %
Afghani (AFN)-Lao Kip (LAK) Stock Losses - Week, Month, Year

Subject to data availability, below table summarizes the impact on a 1000 LAK invested in AFN 1 week, 1 month and 1 year before the lowest close rate date.

Days Before Lowest RateLosses(%)What happens to 1000 LAK invested?
1 Week -2.43 %975.7
1 Month-4.7 %953
1 Year-7.67 %923.3

3 Loss At Lowest Rate If You Had Bought AFN At Previous Highest Rate

Buying at high and selling when low is worst case scenario for any Forex investor. This section helps you assess the potential damage for an investor who invested in AFN/LAK during the highest rate day that occurred before the lowest rate day of 2018-09-16.

Previous Highest Rate DateClose (Rate)Lowest Close RateLosses(%)
2015-03-11141.85111.284500-21.55 %

Above table has shown the losses in percentage. Now let us check the impact on a 1000 LAK invested. As per the loss percentage shown in the above table, the 1000 LAK would have become 784.5.

4 AFN/LAK Lowest Rate Compared To 3 Of The Strongest Currencies

Now let us compare the lowest rate of AFN/LAK pair with three others formed by 3 of the strongest currencies against AFN. In other words, we will be analyzing 3 pairs with the selected strong currencies as quote currencies (denoted after the slash symbol.)

To pick the strongest currencies we follow a simple method. We just check those pairs with Afghani (AFN) as base currency (before slash symbol) which have exchange rates among the lowest for the recent 12 month period ending 2018-10-01. The corresponding quote currencies are among the strongest ones.

AFN-LAK Lowest Rate Vs Strong Currencies

Now we are going to analyze the potential impact of the lowest rate on investments. There is no straightforward way to do it. However, we are going to do a simple analysis that will give you an idea of the potential losses. We are going to measure and compare the differences between the lowest rates and the average rates for the recent 12 month period between 2017-10-01 and 2018-10-01.

Recommended Reading: Have a look at the similar section in the AFN/LAK highest rate report to learn more in detail about this method.

CurrencyPairLowest RateAvg RateLowest Vs Avg. Rates (%)Difference (%)
Lao KipAFN/LAK111.284500117.681343-5.44-
Unidad de FomentoAFN/CLF0.0003150.000332-5.120.32
Kuwaiti DinarAFN/KWD0.0039960.004287-6.79-1.35
Bahraini DinarAFN/BHD0.0049740.005354-7.1-1.66

5 AFN/LAK Lowest Rate Compared To 3 Similar Currencies To AFN

In this section we are going to compare the performance ofAFN/LAK against similar rate pairs but with AFN as the base currency. In other words, the currency invested in will be the same in all the pairs under consideration. The range of observation is between 2014-12-01 and 2018-10-01

Below chart displays the lowest rates of LAK as well as 3 other similar currencies against AFN.

AFN to LAK Lowest Rate Alossest Similar Currencies

Below table lists the lowest rates of the currency pairs and a simple comparison. The final column shows the percentage difference between the lowest rates.

Note: A negative difference (last column value) for a currency pair indicates that the pair had lesser magnitude lowest rate than AFN/AFN.

CurrencyPairLowest RateDifference (%)
Lao KipAFN/LAK111.284500-
Guinean FrancAFN/GNF103.174500-7.29
GuaraniAFN/PYG76.451599-31.3
Uzbekistan SumAFN/UZS33.447899-69.94

6 AFN to LAK - Top 20 Monthly & Weekly Lowest Average Rates

This sections displays the monthly and weekly average lowest rates for the currency pair - AFN/LAK.

Top 20 Month-wise Lowest Avg. Rates:

Month-YearAvg. Rate Highest Rate (& Rate-Change From Avg.)Lowest Rate (& Rate-Change From Avg.)
October-2018112.017419112.311401 (0.293982)111.644798 (-0.372621)
September-2018113.014808115.664200 (2.649392)111.284500 (-1.730308)
June-2018116.383531117.124397 (0.740866)114.253601 (-2.12993)
August-2018116.395091117.262703 (0.867612)115.609703 (-0.785388)
July-2016117.093207117.725601 (0.632394)116.530800 (-0.562407)
July-2018115.216989116.800201 (1.583212)113.681801 (-1.535188)
May-2018116.799752117.983299 (1.183547)115.759201 (-1.040551)
May-2016117.522392118.062302 (0.53991)117.062302 (-0.46009)
March-2016118.007755118.435204 (0.427449)117.612000 (-0.395755)
February-2016117.399861118.425003 (1.025142)116.301598 (-1.098263)
June-2016116.671050117.945602 (1.274552)115.804497 (-0.866553)
January-2016118.102788118.562103 (0.459315)117.821198 (-0.28159)
April-2018118.248530119.149200 (0.90067)117.644600 (-0.60393)
April-2016117.934174118.243797 (0.309623)117.547699 (-0.386475)
December-2015122.112925123.070900 (0.957975)118.227203 (-3.885722)
January-2018118.768464119.332802 (0.564338)117.481300 (-1.287164)
December-2017119.497526120.292000 (0.794474)118.878601 (-0.618925)
March-2018119.554214120.634102 (1.079888)119.034103 (-0.520111)
May-2017119.987647120.735298 (0.747651)119.299202 (-0.688445)
February-2018119.561182119.981300 (0.420118)118.753700 (-0.807482)

Top 20 Weekly Lowest Avg. Rates:

Week-YearAvg. RateHighest Rate (& Rate-Change From Avg.)Lowest Rate (& Rate-Change From Avg.)
Week 36-2018113.099517114.298103 (1.198586)111.284500 (-1.815017)
Week 40-2018112.039833112.214500 (0.174667)111.644798 (-0.395035)
Week 37-2018111.978500112.500298 (0.521798)111.284500 (-0.694)
Week 41-2018111.827927111.906502 (0.078575)111.644798 (-0.183129)
Week 38-2018112.123399112.532303 (0.408904)111.813301 (-0.310098)
Week 39-2018112.136343112.311401 (0.175058)111.906502 (-0.229841)
Week 26-2018114.201116115.177696 (0.97658)113.933701 (-0.267415)
Week 35-2018114.840650115.664200 (0.82355)114.060997 (-0.779653)
Week 25-2018115.297433117.053299 (1.755866)114.253601 (-1.043832)
Week 28-2018115.263349115.863602 (0.600253)114.560097 (-0.703252)
Week 29-2018115.797184116.436897 (0.639713)114.896301 (-0.900883)
Week 34-2018116.221302117.262703 (1.041401)115.609703 (-0.611599)
Week 24-2016116.008481116.362999 (0.354518)115.804497 (-0.203984)
Week 27-2018115.045985116.115601 (1.069616)113.681801 (-1.364184)
Week 20-2018116.082583116.480003 (0.39742)115.759201 (-0.323382)
Week 31-2018116.203414116.615799 (0.412385)115.814499 (-0.388915)
Week 22-2018116.614034116.843399 (0.229365)116.301201 (-0.312833)
Week 7-2016116.915433117.279297 (0.363864)116.301598 (-0.613835)
Week 19-2018116.706000117.294800 (0.5888)116.312897 (-0.393103)
Week 33-2018116.539116116.707603 (0.168487)116.343102 (-0.196014)

Conclusion:

Hopefully, the report will help you in your forex investing

Recommended Reading: Learning the best and worst performances is just a part of the analysis. For a big picture, we strongly recommend you to go through the chart history of AFN-LAK. We have applied a simple technique to smooth out the volatility in the graphs so that you can understand the entire analysis better.

Disclaimer:

We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.

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