2024 CNY to LRD Historical Review

YEARLY HIGH

28.3694 LRD

YEARLY LOW

24.5750 LRD

YEARLY AVERAGE

26.6716 LRD

2024 CNY to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 28.3694. Conversely, the yearly low was recorded on December 3, dropping to 24.5750.

This high-to-low spread represents a total annual volatility of 3.7944 LRD. From a start-to-finish perspective, comparing the January average rate of 26.5996 to the December average rate of 24.7999, the exchange rate registered a net change of -6.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.3694 was up 6.55% compared to the 2023 peak of 26.6251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 709,235 LRD

2023 Average 616,810 LRD

Yearly Trough Low 614,374 LRD

Transaction Impact: A difference of 94,860.87 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.9310

24.5152

JanuMarcMayJulySeptNove

CNY 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 26.7536, compared to 26.5896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1640 points.

H1 Avg (Jan–Jun) 26.7536

H2 Avg (Jul–Dec) 26.5896

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.3230 LRD (High: 27.0335 / Low: 24.7105). On the other end, February was the most stable month, with a tight range of 0.3420 LRD (High: 26.7710 / Low: 26.4290).

November Spread (Volatile) ±2.3230

February Spread (Stable) ±0.3420

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.4979 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4979

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 27.6463) against the same month in 2023 (average: 25.5524), the exchange rate shifted by +2.0940 (+8.19%).

2024 Avg (September) 27.6463

2023 Avg (September) 25.5524

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.7493	26.3216	26.5996
February	26.7710	26.4290	26.6111
March	27.0038	26.6438	26.7400
April	27.2086	25.9726	26.6653
May	27.4151	26.7094	27.0101
June	27.3620	26.6748	26.8957
July	27.3173	26.6757	26.8603
August	27.7532	26.9817	27.3659
September	28.3694	27.3810	27.6463
October	27.5585	26.9308	27.1816
November	27.0335	24.7105	25.6837
December	25.2146	24.5750	24.7999