2023 CAD to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CAD to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CAD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 142.7209. Conversely, the yearly low was recorded on March 25, dropping to 111.4035.
This high-to-low spread represents a total annual volatility of 31.3173 LRD. From a start-to-finish perspective, comparing the January average rate of 115.7840 to the December average rate of 140.3709, the exchange rate registered a net change of 21.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 142.7209 was up 16.34% compared to the 2022 peak of 122.6804, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CAD to LRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 120.6714, compared to 138.0383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.3669 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 10.6926 LRD (High: 136.4794 / Low: 125.7868). On the other end, September was the most stable month, with a tight range of 2.6882 LRD (High: 138.7303 / Low: 136.0421).
Growth Streaks & Declines
TrendsBetween 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 1.2422 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 140.3709) against the same month in 2022 (average: 113.3399), the exchange rate shifted by +27.0310 (+23.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 117.8033 | 112.9910 | 115.7840 |
| February | 118.1985 | 112.7596 | 116.2699 |
| March | 119.9796 | 111.4035 | 116.4161 |
| April | 122.0233 | 119.2382 | 120.6811 |
| May | 124.6605 | 121.4079 | 123.4320 |
| June | 136.4794 | 125.7868 | 131.4451 |
| July | 141.2633 | 135.8989 | 138.8670 |
| August | 140.5267 | 136.6592 | 138.1691 |
| September | 138.7303 | 136.0421 | 137.5246 |
| October | 137.5439 | 134.7095 | 136.2824 |
| November | 138.7099 | 135.5258 | 137.0155 |
| December | 142.7209 | 138.3382 | 140.3709 |