YEARLY HIGH
0.6877 LYD
YEARLY LOW
0.6630 LYD
YEARLY AVERAGE
0.6730 LYD

2024 CNY to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.6877. Conversely, the yearly low was recorded on March 23, dropping to 0.6630.

This high-to-low spread represents a total annual volatility of 0.0247 LYD. From a start-to-finish perspective, comparing the January average rate of 0.6757 to the December average rate of 0.6720, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6877 was down 3.66% compared to the 2023 peak of 0.7139, 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 17,193 LYD
2023 Average 17,005 LYD
Yearly Trough Low 16,575 LYD
Transaction Impact: A difference of 617.93 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6779
0.6666
JanuMarcMayJulySeptNove

CNY to LYD 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 0.6736, compared to 0.6723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.6736
H2 Avg (Jul–Dec) 0.6723

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0191 LYD (High: 0.6854 / Low: 0.6663). On the other end, December was the most stable month, with a tight range of 0.0046 LYD (High: 0.6745 / Low: 0.6699).

April Spread (Volatile) ±0.0191
December Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.6770) against the same month in 2023 (average: 0.6843), the exchange rate shifted by -0.0073 (-1.07%).

2024 Avg (May) 0.6770
2023 Avg (May) 0.6843

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6797 0.6693 0.6757
February 0.6841 0.6703 0.6761
March 0.6742 0.6630 0.6699
April 0.6854 0.6663 0.6711
May 0.6877 0.6689 0.6770
June 0.6844 0.6662 0.6721
July 0.6771 0.6633 0.6675
August 0.6777 0.6661 0.6701
September 0.6762 0.6678 0.6725
October 0.6816 0.6730 0.6767
November 0.6789 0.6706 0.6750
December 0.6745 0.6699 0.6720