2024 CRC to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CRC to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CRC to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 43.6437. Conversely, the yearly low was recorded on January 1, dropping to 39.5261.
This high-to-low spread represents a total annual volatility of 4.1177 LAK. From a start-to-finish perspective, comparing the January average rate of 39.9425 to the December average rate of 43.2760, the exchange rate registered a net change of 8.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 43.6437 was up 10.41% compared to the 2023 peak of 39.5277, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CRC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CRC 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 41.1376, compared to 42.5998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4622 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 1.6656 LAK (High: 42.2101 / Low: 40.5445). On the other end, May was the most stable month, with a tight range of 0.6152 LAK (High: 41.8486 / Low: 41.2334).
Growth Streaks & Declines
TrendsBetween June and December, 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 April and May, when the average rate fell by 0.4807 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 43.2760) against the same month in 2023 (average: 39.3297), the exchange rate shifted by +3.9463 (+10.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.5657 | 39.5261 | 39.9425 |
| February | 40.7673 | 39.9077 | 40.4196 |
| March | 41.9875 | 40.6176 | 41.1493 |
| April | 42.5886 | 41.5547 | 42.1475 |
| May | 41.8486 | 41.2334 | 41.6669 |
| June | 42.2101 | 40.5445 | 41.4996 |
| July | 42.4236 | 41.3366 | 42.0391 |
| August | 42.7259 | 41.8276 | 42.1629 |
| September | 42.8476 | 41.9971 | 42.5468 |
| October | 42.8287 | 42.1852 | 42.5865 |
| November | 43.2966 | 42.6640 | 42.9875 |
| December | 43.6437 | 42.9140 | 43.2760 |