YEARLY HIGH
0.0482 LYD
YEARLY LOW
0.0461 LYD
YEARLY AVERAGE
0.0474 LYD

2024 CVE to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0482. Conversely, the yearly low was recorded on November 24, dropping to 0.0461.

This high-to-low spread represents a total annual volatility of 0.0021 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0475 to the December average rate of 0.0465, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0482 was down 0.47% compared to the 2023 peak of 0.0484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 241 LYD
2023 Average 236 LYD
Yearly Trough Low 230 LYD
Transaction Impact: A difference of 10.39 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0480
0.0464
JanuMarcMayJulySeptNove

CVE 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 0.0474, compared to 0.0473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0474
H2 Avg (Jul–Dec) 0.0473

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0017 LYD (High: 0.0478 / Low: 0.0461). On the other end, September was the most stable month, with a tight range of 0.0006 LYD (High: 0.0482 / Low: 0.0476).

November Spread (Volatile) ±0.0017
September Spread (Stable) ±0.0006

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 September and October, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0477) against the same month in 2023 (average: 0.0476), the exchange rate shifted by +0.0002 (+0.37%).

2024 Avg (August) 0.0477
2023 Avg (August) 0.0476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0479 0.0473 0.0475
February 0.0477 0.0470 0.0473
March 0.0479 0.0471 0.0475
April 0.0477 0.0466 0.0472
May 0.0478 0.0469 0.0475
June 0.0477 0.0469 0.0473
July 0.0479 0.0472 0.0476
August 0.0482 0.0471 0.0477
September 0.0482 0.0476 0.0479
October 0.0476 0.0471 0.0474
November 0.0478 0.0461 0.0469
December 0.0468 0.0461 0.0465