YEARLY HIGH
0.3871 LRD
YEARLY LOW
0.3504 LRD
YEARLY AVERAGE
0.3713 LRD

2024 CRC to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.3871. Conversely, the yearly low was recorded on November 27, dropping to 0.3504.

This high-to-low spread represents a total annual volatility of 0.0367 LRD. From a start-to-finish perspective, comparing the January average rate of 0.3659 to the December average rate of 0.3570, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3871 was up 6.73% compared to the 2023 peak of 0.3627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,936 LRD
2023 Average 1,617 LRD
Yearly Trough Low 1,752 LRD
Transaction Impact: A difference of 183.50 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3849
0.3545
JanuMarcMayJulySeptNove

CRC 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 0.3738, compared to 0.3687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.3738
H2 Avg (Jul–Dec) 0.3687

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0242 LRD (High: 0.3746 / Low: 0.3504). On the other end, October was the most stable month, with a tight range of 0.0039 LRD (High: 0.3750 / Low: 0.3712).

November Spread (Volatile) ±0.0242
October Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between January and April, 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 0.0108 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3824) against the same month in 2023 (average: 0.3046), the exchange rate shifted by +0.0778 (+25.55%).

2024 Avg (April) 0.3824
2023 Avg (April) 0.3046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3716 0.3617 0.3659
February 0.3741 0.3657 0.3693
March 0.3836 0.3734 0.3785
April 0.3871 0.3755 0.3824
May 0.3801 0.3723 0.3776
June 0.3724 0.3646 0.3693
July 0.3738 0.3636 0.3702
August 0.3798 0.3687 0.3728
September 0.3855 0.3702 0.3765
October 0.3750 0.3712 0.3732
November 0.3746 0.3504 0.3624
December 0.3614 0.3524 0.3570