2024 CAD to LAK Historical Review

YEARLY HIGH

16458.9888 LAK

YEARLY LOW

15146.4764 LAK

YEARLY AVERAGE

15751.6308 LAK

2024 CAD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 16458.9888. Conversely, the yearly low was recorded on December 18, dropping to 15146.4764.

This high-to-low spread represents a total annual volatility of 1312.5124 LAK. From a start-to-finish perspective, comparing the January average rate of 15388.5590 to the December average rate of 15350.3841, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 16458.9888 was up 5.49% compared to the 2023 peak of 15601.9244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CAD based on timing:

Yearly Peak High 82,294,944 LAK

2023 Average 69,245,909 LAK

Yearly Trough Low 75,732,382 LAK

Transaction Impact: A difference of 6,562,562.23 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16409.3585

15254.1137

JanuMarcMayJulySeptNove

CAD 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 15559.0144, compared to 15944.2472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 385.2328 points.

H1 Avg (Jan–Jun) 15559.0144

H2 Avg (Jul–Dec) 15944.2472

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 703.3092 LAK (High: 16438.4395 / Low: 15735.1303). On the other end, February was the most stable month, with a tight range of 217.8217 LAK (High: 15556.6834 / Low: 15338.8617).

October Spread (Volatile) ±703.3092

February Spread (Stable) ±217.8217

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 345.0601 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -345.0601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 16313.0881) against the same month in 2023 (average: 14705.2987), the exchange rate shifted by +1607.7894 (+10.93%).

2024 Avg (September) 16313.0881

2023 Avg (September) 14705.2987

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15549.3630	15306.5743	15388.5590
February	15556.6834	15338.8617	15447.5978
March	15608.3487	15335.4486	15452.2902
April	15671.5304	15387.9345	15528.5336
May	15759.1257	15527.7315	15626.8988
June	16126.2094	15655.9608	15910.2070
July	16256.4388	16010.1281	16140.4718
August	16422.5297	15870.7807	16186.5411
September	16458.9888	16231.1905	16313.0881
October	16438.4395	15735.1303	15979.5538
November	15845.8110	15568.5015	15695.4442
December	15646.6425	15146.4764	15350.3841