2024 FJD to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FJD to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FJD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 90.9025. Conversely, the yearly low was recorded on December 11, dropping to 77.4037.
This high-to-low spread represents a total annual volatility of 13.4988 LRD. From a start-to-finish perspective, comparing the January average rate of 84.6881 to the December average rate of 78.2686, the exchange rate registered a net change of -7.58% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 90.9025 was up 5.62% compared to the 2023 peak of 86.0620, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
FJD to LRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 85.3364, compared to 84.8847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4517 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 6.8966 LRD (High: 85.4947 / Low: 78.5980). On the other end, June was the most stable month, with a tight range of 1.3241 LRD (High: 87.0454 / Low: 85.7213).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.6269 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 88.5815) against the same month in 2023 (average: 82.0564), the exchange rate shifted by +6.5252 (+7.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 85.8676 | 83.5374 | 84.6881 |
| February | 85.2944 | 83.8921 | 84.6849 |
| March | 86.4345 | 84.5951 | 85.4708 |
| April | 86.2523 | 82.5285 | 85.0466 |
| May | 86.8916 | 84.4228 | 85.7962 |
| June | 87.0454 | 85.7213 | 86.3318 |
| July | 87.6690 | 85.7905 | 86.8650 |
| August | 88.6684 | 86.0239 | 87.6691 |
| September | 90.9025 | 86.9815 | 88.5815 |
| October | 88.4171 | 84.2087 | 86.2754 |
| November | 85.4947 | 78.5980 | 81.6486 |
| December | 79.1438 | 77.4037 | 78.2686 |