2024 FKP to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FKP to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FKP to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 266.4175. Conversely, the yearly low was recorded on November 25, dropping to 225.4863.
This high-to-low spread represents a total annual volatility of 40.9313 LRD. From a start-to-finish perspective, comparing the January average rate of 240.3587 to the December average rate of 228.1460, the exchange rate registered a net change of -5.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 266.4175 was up 10.45% compared to the 2023 peak of 241.2083, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
FKP 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 242.9693, compared to 246.3490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3797 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 24.2055 LRD (High: 249.6917 / Low: 225.4863). On the other end, June was the most stable month, with a tight range of 3.2243 LRD (High: 248.2889 / Low: 245.0646).
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 15.4209 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 258.5627) against the same month in 2023 (average: 230.8339), the exchange rate shifted by +27.7288 (+12.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 241.4650 | 237.9466 | 240.3587 |
| February | 242.1792 | 238.2653 | 240.5913 |
| March | 247.4522 | 242.6978 | 244.5473 |
| April | 244.7326 | 233.6953 | 241.1234 |
| May | 247.2228 | 241.6807 | 244.5893 |
| June | 248.2889 | 245.0646 | 246.6057 |
| July | 253.8238 | 245.9463 | 250.8538 |
| August | 258.5433 | 247.8268 | 253.1780 |
| September | 266.4175 | 254.2300 | 258.5627 |
| October | 257.2187 | 247.6053 | 251.3873 |
| November | 249.6917 | 225.4863 | 235.9664 |
| December | 230.3096 | 226.7146 | 228.1460 |