YEARLY HIGH
2.3929 LRD
YEARLY LOW
2.1109 LRD
YEARLY AVERAGE
2.2884 LRD

2024 BTN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 2.3929. Conversely, the yearly low was recorded on December 4, dropping to 2.1109.

This high-to-low spread represents a total annual volatility of 0.2820 LRD. From a start-to-finish perspective, comparing the January average rate of 2.2760 to the December average rate of 2.1257, the exchange rate registered a net change of -6.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3929 was up 5.32% compared to the 2023 peak of 2.2721, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,965 LRD
2023 Average 10,580 LRD
Yearly Trough Low 10,555 LRD
Transaction Impact: A difference of 1,409.96 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3543
2.1050
JanuMarcMayJulySeptNove

BTN to LRD 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 2.3084, compared to 2.2684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0399 points.

H1 Avg (Jan–Jun) 2.3084
H2 Avg (Jul–Dec) 2.2684

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1670 LRD (High: 2.2842 / Low: 2.1172). On the other end, July was the most stable month, with a tight range of 0.0118 LRD (High: 2.3394 / Low: 2.3275).

November Spread (Volatile) ±0.1670
July Spread (Stable) ±0.0118

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0980 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.3336) against the same month in 2023 (average: 2.2450), the exchange rate shifted by +0.0886 (+3.95%).

2024 Avg (September) 2.3336
2023 Avg (September) 2.2450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2921 2.2434 2.2760
February 2.3101 2.2725 2.2952
March 2.3376 2.3120 2.3193
April 2.3234 2.2495 2.3126
May 2.3345 2.3047 2.3222
June 2.3347 2.3156 2.3249
July 2.3394 2.3275 2.3324
August 2.3742 2.3222 2.3331
September 2.3929 2.3152 2.3336
October 2.3137 2.2819 2.2919
November 2.2842 2.1172 2.1939
December 2.1493 2.1109 2.1257