YEARLY HIGH
147.2804 LRD
YEARLY LOW
125.1586 LRD
YEARLY AVERAGE
139.7444 LRD

2024 CAD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 147.2804. Conversely, the yearly low was recorded on December 18, dropping to 125.1586.

This high-to-low spread represents a total annual volatility of 22.1217 LRD. From a start-to-finish perspective, comparing the January average rate of 140.9595 to the December average rate of 126.6231, the exchange rate registered a net change of -10.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 147.2804 was up 3.19% compared to the 2023 peak of 142.7209, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 736,402 LRD
2023 Average 647,185 LRD
Yearly Trough Low 625,793 LRD
Transaction Impact: A difference of 110,608.73 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

146.1276
124.8500
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 141.3907, compared to 138.0981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2926 points.

H1 Avg (Jan–Jun) 141.3907
H2 Avg (Jul–Dec) 138.0981

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 10.7430 LRD (High: 138.3753 / Low: 127.6324). On the other end, May was the most stable month, with a tight range of 1.4696 LRD (High: 142.3177 / Low: 140.8481).

November Spread (Volatile) ±10.7430
May Spread (Stable) ±1.4696

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 7.7094 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.7094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 144.3545) against the same month in 2023 (average: 137.5246), the exchange rate shifted by +6.8299 (+4.97%).

2024 Avg (September) 144.3545
2023 Avg (September) 137.5246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 142.3059 140.1011 140.9595
February 141.9531 140.3604 141.1469
March 143.1233 141.2159 142.1199
April 142.5932 136.0199 140.8960
May 142.3177 140.8481 141.6184
June 142.3688 140.7188 141.6035
July 143.1975 141.0494 142.1177
August 145.0422 140.8035 143.0981
September 147.2804 143.2400 144.3545
October 143.5955 137.7665 140.0524
November 138.3753 127.6324 132.3431
December 127.8654 125.1586 126.6231