YEARLY HIGH
1.0621 LRD
YEARLY LOW
0.8558 LRD
YEARLY AVERAGE
0.9819 LRD

2023 DJF to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 1.0621. Conversely, the yearly low was recorded on February 5, dropping to 0.8558.

This high-to-low spread represents a total annual volatility of 0.2062 LRD. From a start-to-finish perspective, comparing the January average rate of 0.8741 to the December average rate of 1.0569, the exchange rate registered a net change of 20.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0621 was up 21.33% compared to the 2022 peak of 0.8754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,310 LRD
2022 Average 4,294 LRD
Yearly Trough Low 4,279 LRD
Transaction Impact: A difference of 1,031.22 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0756
0.8558
JanuMarcMayJulySeptNove

DJF 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 0.9149, compared to 1.0488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1339 points.

H1 Avg (Jan–Jun) 0.9149
H2 Avg (Jul–Dec) 1.0488

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0653 LRD (High: 1.0137 / Low: 0.9484). On the other end, October was the most stable month, with a tight range of 0.0073 LRD (High: 1.0536 / Low: 1.0462).

June Spread (Volatile) ±0.0653
October Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.0572) against the same month in 2022 (average: 0.8660), the exchange rate shifted by +0.1912 (+22.08%).

2023 Avg (November) 1.0572
2022 Avg (November) 0.8660

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8815 0.8647 0.8741
February 0.8939 0.8558 0.8791
March 0.9174 0.8647 0.8977
April 0.9391 0.9118 0.9183
May 0.9509 0.9298 0.9389
June 1.0137 0.9484 0.9813
July 1.0474 1.0128 1.0341
August 1.0553 1.0419 1.0472
September 1.0506 1.0413 1.0468
October 1.0536 1.0462 1.0507
November 1.0621 1.0530 1.0572
December 1.0611 1.0495 1.0569