YEARLY HIGH
0.0112 BBD
YEARLY LOW
0.0100 BBD
YEARLY AVERAGE
0.0105 BBD

2024 LRD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0112. Conversely, the yearly low was recorded on September 20, dropping to 0.0100.

This high-to-low spread represents a total annual volatility of 0.0012 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0106 to the December average rate of 0.0111, the exchange rate registered a net change of 4.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0112 was down 14.09% compared to the 2023 peak of 0.0130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56 BBD
2023 Average 58 BBD
Yearly Trough Low 50 BBD
Transaction Impact: A difference of 5.88 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0112
0.0101
JanuMarcMayJulySeptNove

LRD to BBD 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 0.0104, compared to 0.0105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0104
H2 Avg (Jul–Dec) 0.0105

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0008 BBD (High: 0.0112 / Low: 0.0104). On the other end, May was the most stable month, with a tight range of 0.0000 BBD (High: 0.0103 / Low: 0.0103).

November Spread (Volatile) ±0.0008
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0111) against the same month in 2023 (average: 0.0106), the exchange rate shifted by +0.0005 (+4.24%).

2024 Avg (December) 0.0111
2023 Avg (December) 0.0106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0106 0.0105 0.0106
February 0.0105 0.0104 0.0105
March 0.0104 0.0104 0.0104
April 0.0106 0.0103 0.0104
May 0.0103 0.0103 0.0103
June 0.0103 0.0103 0.0103
July 0.0103 0.0102 0.0103
August 0.0103 0.0101 0.0102
September 0.0103 0.0100 0.0102
October 0.0104 0.0103 0.0104
November 0.0112 0.0104 0.0108
December 0.0112 0.0109 0.0111