2024 LAK to CVE Historical Review

YEARLY HIGH

0.0049 CVE

YEARLY LOW

0.0045 CVE

YEARLY AVERAGE

0.0047 CVE

2024 LAK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0049. Conversely, the yearly low was recorded on September 25, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0005 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0049 to the December average rate of 0.0048, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0049 was down 20.13% compared to the 2023 peak of 0.0062, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25 CVE

2023 Average 27 CVE

Yearly Trough Low 22 CVE

Transaction Impact: A difference of 2.40 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0049

0.0045

JanuMarcMayJulySeptNove

LAK to CVE 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 0.0048, compared to 0.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0048

H2 Avg (Jul–Dec) 0.0046

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0002 CVE (High: 0.0048 / Low: 0.0046). On the other end, February was the most stable month, with a tight range of 0.0001 CVE (High: 0.0049 / Low: 0.0049).

November Spread (Volatile) ±0.0002

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0049) against the same month in 2023 (average: 0.0061), the exchange rate shifted by -0.0012 (-19.68%).

2024 Avg (February) 0.0049

2023 Avg (February) 0.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0049	0.0048	0.0049
February	0.0049	0.0049	0.0049
March	0.0049	0.0048	0.0049
April	0.0049	0.0048	0.0048
May	0.0049	0.0047	0.0048
June	0.0047	0.0047	0.0047
July	0.0047	0.0046	0.0046
August	0.0046	0.0045	0.0045
September	0.0045	0.0045	0.0045
October	0.0047	0.0045	0.0046
November	0.0048	0.0046	0.0047
December	0.0049	0.0048	0.0048