YEARLY HIGH
6.3756 LYD
YEARLY LOW
6.0053 LYD
YEARLY AVERAGE
6.1725 LYD

2024 FKP to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 6.3756. Conversely, the yearly low was recorded on April 16, dropping to 6.0053.

This high-to-low spread represents a total annual volatility of 0.3703 LYD. From a start-to-finish perspective, comparing the January average rate of 6.1061 to the December average rate of 6.1818, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.3756 was up 1.94% compared to the 2023 peak of 6.2544, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31,878 LYD
2023 Average 29,911 LYD
Yearly Trough Low 30,027 LYD
Transaction Impact: A difference of 1,851.42 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.3113
6.0463
JanuMarcMayJulySeptNove

FKP 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 6.1176, compared to 6.2274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1098 points.

H1 Avg (Jan–Jun) 6.1176
H2 Avg (Jul–Dec) 6.2274

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.2224 LYD (High: 6.3093 / Low: 6.0869). On the other end, October was the most stable month, with a tight range of 0.0681 LYD (High: 6.2848 / Low: 6.2167).

August Spread (Volatile) ±0.2224
October Spread (Stable) ±0.0681

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0578 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0578

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 6.2892) against the same month in 2023 (average: 6.0099), the exchange rate shifted by +0.2793 (+4.65%).

2024 Avg (September) 6.2892
2023 Avg (September) 6.0099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.1351 6.0212 6.1061
February 6.1500 6.0576 6.1121
March 6.1953 6.0392 6.1262
April 6.1305 6.0053 6.0684
May 6.1939 6.0675 6.1305
June 6.2118 6.1207 6.1625
July 6.2869 6.1518 6.2343
August 6.3093 6.0869 6.1997
September 6.3756 6.2136 6.2892
October 6.2848 6.2167 6.2585
November 6.2953 6.1209 6.2008
December 6.2302 6.1110 6.1818