YEARLY HIGH
0.0711 LRD
YEARLY LOW
0.0624 LRD
YEARLY AVERAGE
0.0680 LRD

2024 CDF to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0711. Conversely, the yearly low was recorded on December 6, dropping to 0.0624.

This high-to-low spread represents a total annual volatility of 0.0088 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0695 to the December average rate of 0.0633, the exchange rate registered a net change of -8.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0711 was down 13.05% compared to the 2023 peak of 0.0818, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 356 LRD
2023 Average 375 LRD
Yearly Trough Low 312 LRD
Transaction Impact: A difference of 43.91 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0701
0.0626
JanuMarcMayJulySeptNove

CDF 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 0.0691, compared to 0.0669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0691
H2 Avg (Jul–Dec) 0.0669

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0051 LRD (High: 0.0675 / Low: 0.0624). On the other end, February was the most stable month, with a tight range of 0.0005 LRD (High: 0.0694 / Low: 0.0689).

November Spread (Volatile) ±0.0051
February Spread (Stable) ±0.0005

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 0.0028 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0695) against the same month in 2023 (average: 0.0758), the exchange rate shifted by -0.0063 (-8.37%).

2024 Avg (January) 0.0695
2023 Avg (January) 0.0758

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0711 0.0688 0.0695
February 0.0694 0.0689 0.0691
March 0.0697 0.0690 0.0694
April 0.0696 0.0675 0.0690
May 0.0696 0.0686 0.0692
June 0.0694 0.0681 0.0685
July 0.0691 0.0679 0.0685
August 0.0692 0.0681 0.0686
September 0.0704 0.0676 0.0687
October 0.0681 0.0667 0.0675
November 0.0675 0.0624 0.0647
December 0.0644 0.0624 0.0633