2024 MXN to LAK Historical Review

YEARLY HIGH

1292.6489 LAK

YEARLY LOW

1047.5004 LAK

YEARLY AVERAGE

1183.1598 LAK

2024 MXN to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 1292.6489. Conversely, the yearly low was recorded on December 31, dropping to 1047.5004.

This high-to-low spread represents a total annual volatility of 245.1486 LAK. From a start-to-finish perspective, comparing the January average rate of 1210.5625 to the December average rate of 1080.8914, the exchange rate registered a net change of -10.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1292.6489 was up 6.43% compared to the 2023 peak of 1214.5320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 64,632,446 LAK

2023 Average 52,897,220 LAK

Yearly Trough Low 52,375,018 LAK

Transaction Impact: A difference of 12,257,427.56 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1290.6688

1060.8326

JanuMarcMayJulySeptNove

MXN 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 1235.5169, compared to 1130.8027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 104.7142 points.

H1 Avg (Jan–Jun) 1235.5169

H2 Avg (Jul–Dec) 1130.8027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 105.6305 LAK (High: 1265.2265 / Low: 1159.5960). On the other end, February was the most stable month, with a tight range of 13.7947 LAK (High: 1224.7220 / Low: 1210.9272).

June Spread (Volatile) ±105.6305

February Spread (Stable) ±13.7947

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 72.0600 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -72.0600

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 1263.9167) against the same month in 2023 (average: 948.9310), the exchange rate shifted by +314.9857 (+33.19%).

2024 Avg (April) 1263.9167

2023 Avg (April) 948.9310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1224.4750	1194.9239	1210.5625
February	1224.7220	1210.9272	1219.7590
March	1273.7834	1223.7518	1247.8919
April	1292.6489	1240.0520	1263.9167
May	1290.6296	1252.9929	1271.5158
June	1265.2265	1159.5960	1199.4558
July	1256.4062	1181.8567	1223.0630
August	1188.0044	1114.3977	1155.2836
September	1156.3992	1101.2261	1127.9607
October	1149.6188	1088.2663	1117.6321
November	1107.7059	1058.5486	1079.9856
December	1089.8494	1047.5004	1080.8914