YEARLY HIGH
223.5750 LRD
YEARLY LOW
187.3446 LRD
YEARLY AVERAGE
207.1898 LRD

2024 EUR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 223.5750. Conversely, the yearly low was recorded on December 18, dropping to 187.3446.

This high-to-low spread represents a total annual volatility of 36.2304 LRD. From a start-to-finish perspective, comparing the January average rate of 206.3529 to the December average rate of 189.1015, the exchange rate registered a net change of -8.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 223.5750 was up 6.80% compared to the 2023 peak of 209.3389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,117,875 LRD
2023 Average 945,698 LRD
Yearly Trough Low 936,723 LRD
Transaction Impact: A difference of 181,151.89 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

220.1124
186.2823
JanuMarcMayJulySeptNove

EUR 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 207.6658, compared to 206.7139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9519 points.

H1 Avg (Jan–Jun) 207.6658
H2 Avg (Jul–Dec) 206.7139

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 21.7911 LRD (High: 209.3204 / Low: 187.5293). On the other end, January was the most stable month, with a tight range of 2.7282 LRD (High: 208.0128 / Low: 205.2847).

November Spread (Volatile) ±21.7911
January Spread (Stable) ±2.7282

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 October and November, when the average rate fell by 13.2595 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -13.2595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 217.2933) against the same month in 2023 (average: 198.9917), the exchange rate shifted by +18.3016 (+9.20%).

2024 Avg (September) 217.2933
2023 Avg (September) 198.9917

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 208.0128 205.2847 206.3529
February 207.0424 203.9969 205.6079
March 210.8974 207.9605 209.2052
April 209.6395 199.6764 206.6570
May 210.7167 207.2836 209.3040
June 211.4099 207.1069 208.8676
July 213.4646 208.8288 211.5697
August 218.4507 210.8221 215.5871
September 223.5750 214.6894 217.2933
October 214.4014 207.3224 209.9957
November 209.3204 187.5293 196.7362
December 190.4539 187.3446 189.1015