YEARLY HIGH
8212.6140 LAK
YEARLY LOW
7593.5080 LAK
YEARLY AVERAGE
7986.4797 LAK

2024 XCD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 8212.6140. Conversely, the yearly low was recorded on January 6, dropping to 7593.5080.

This high-to-low spread represents a total annual volatility of 619.1060 LAK. From a start-to-finish perspective, comparing the January average rate of 7640.2434 to the December average rate of 8099.8382, the exchange rate registered a net change of 6.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 8212.6140 was up 6.92% compared to the 2023 peak of 7681.0054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41,063,070 LAK
2023 Average 34,591,845 LAK
Yearly Trough Low 37,967,540 LAK
Transaction Impact: A difference of 3,095,530.18 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8246.0716
7585.1681
JanuMarcMayJulySeptNove

XCD 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 7821.3426, compared to 8151.6169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 330.2743 points.

H1 Avg (Jan–Jun) 7821.3426
H2 Avg (Jul–Dec) 8151.6169

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 224.6061 LAK (High: 8169.1154 / Low: 7944.5092). On the other end, September was the most stable month, with a tight range of 53.8618 LAK (High: 8211.9486 / Low: 8158.0869).

June Spread (Volatile) ±224.6061
September Spread (Stable) ±53.8618

Growth Streaks & Declines

Trends

Between January and July, 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 September and October, when the average rate fell by 42.5803 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -42.5803

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 8184.9328) against the same month in 2023 (average: 7194.1190), the exchange rate shifted by +990.8138 (+13.77%).

2024 Avg (August) 8184.9328
2023 Avg (August) 7194.1190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7675.1314 7593.5080 7640.2434
February 7754.1883 7674.2336 7713.4326
March 7804.4362 7687.3818 7742.1743
April 7919.3142 7809.5198 7860.5392
May 7955.1411 7856.7521 7902.9641
June 8169.1154 7944.5092 8068.7018
July 8209.0243 8152.2972 8190.9963
August 8212.6140 8120.2028 8184.9328
September 8211.9486 8158.0869 8177.9302
October 8208.1191 8093.9862 8135.3499
November 8156.0589 8093.2844 8120.6540
December 8123.9364 8066.6367 8099.8382