2024 CVE to LAK Historical Review

YEARLY HIGH

224.3706 LAK

YEARLY LOW

202.5598 LAK

YEARLY AVERAGE

211.6400 LAK

2024 CVE to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 224.3706. Conversely, the yearly low was recorded on February 6, dropping to 202.5598.

This high-to-low spread represents a total annual volatility of 21.8108 LAK. From a start-to-finish perspective, comparing the January average rate of 204.1595 to the December average rate of 208.0128, the exchange rate registered a net change of 1.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 224.3706 was up 8.76% compared to the 2023 peak of 206.3046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,121,853 LAK

2023 Average 915,907 LAK

Yearly Trough Low 1,012,799 LAK

Transaction Impact: A difference of 109,054.15 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

224.2383

201.9702

JanuMarcMayJulySeptNove

CVE 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 207.0833, compared to 216.1967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.1135 points.

H1 Avg (Jan–Jun) 207.0833

H2 Avg (Jul–Dec) 216.1967

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 9.0910 LAK (High: 216.4114 / Low: 207.3204). On the other end, February was the most stable month, with a tight range of 2.5627 LAK (High: 205.1225 / Low: 202.5598).

November Spread (Volatile) ±9.0910

February Spread (Stable) ±2.5627

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 5.5206 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -5.5206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 222.3826) against the same month in 2023 (average: 192.9334), the exchange rate shifted by +29.4492 (+15.26%).

2024 Avg (September) 222.3826

2023 Avg (September) 192.9334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	206.2962	203.2972	204.1595
February	205.1225	202.5598	203.8259
March	207.3158	204.1565	206.0374
April	209.0132	204.7316	206.8005
May	211.1410	205.2585	209.0669
June	214.3939	210.8932	212.6095
July	219.5219	214.3134	217.6739
August	223.2647	216.4310	220.5040
September	224.3706	220.8886	222.3826
October	222.9739	214.4401	217.0638
November	216.4114	207.3204	211.5432
December	210.3962	205.9689	208.0128