YEARLY HIGH
0.9560 LRD
YEARLY LOW
0.8550 LRD
YEARLY AVERAGE
0.9148 LRD

2024 GYD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.9560. Conversely, the yearly low was recorded on December 5, dropping to 0.8550.

This high-to-low spread represents a total annual volatility of 0.1011 LRD. From a start-to-finish perspective, comparing the January average rate of 0.9038 to the December average rate of 0.8635, the exchange rate registered a net change of -4.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9560 was up 5.77% compared to the 2023 peak of 0.9039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,780 LRD
2023 Average 4,158 LRD
Yearly Trough Low 4,275 LRD
Transaction Impact: A difference of 505.33 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9427
0.8563
JanuMarcMayJulySeptNove

GYD 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 0.9178, compared to 0.9118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.9178
H2 Avg (Jul–Dec) 0.9118

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0631 LRD (High: 0.9187 / Low: 0.8556). On the other end, July was the most stable month, with a tight range of 0.0052 LRD (High: 0.9344 / Low: 0.9292).

November Spread (Volatile) ±0.0631
July Spread (Stable) ±0.0052

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 October and November, when the average rate fell by 0.0362 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.9347) against the same month in 2023 (average: 0.8908), the exchange rate shifted by +0.0439 (+4.93%).

2024 Avg (September) 0.9347
2023 Avg (September) 0.8908

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9098 0.8976 0.9038
February 0.9154 0.9004 0.9100
March 0.9252 0.8999 0.9193
April 0.9258 0.8983 0.9211
May 0.9297 0.9231 0.9253
June 0.9298 0.9234 0.9276
July 0.9344 0.9292 0.9319
August 0.9503 0.9306 0.9355
September 0.9560 0.9262 0.9347
October 0.9274 0.9171 0.9206
November 0.9187 0.8556 0.8844
December 0.8799 0.8550 0.8635