YEARLY HIGH
0.0075 BND
YEARLY LOW
0.0065 BND
YEARLY AVERAGE
0.0070 BND

2024 LRD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0075. Conversely, the yearly low was recorded on September 22, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0011 BND. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0075, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0075 was down 14.06% compared to the 2023 peak of 0.0088, 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 38 BND
2023 Average 39 BND
Yearly Trough Low 32 BND
Transaction Impact: A difference of 5.32 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0076
0.0065
JanuMarcMayJulySeptNove

LRD to BND 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 0.0070, compared to 0.0070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0070
H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 BND (High: 0.0075 / Low: 0.0069). On the other end, June was the most stable month, with a tight range of 0.0000 BND (High: 0.0070 / Low: 0.0069).

November Spread (Volatile) ±0.0006
June 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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0075) against the same month in 2023 (average: 0.0071), the exchange rate shifted by +0.0004 (+5.62%).

2024 Avg (December) 0.0075
2023 Avg (December) 0.0071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0071 0.0070 0.0071
February 0.0071 0.0070 0.0071
March 0.0070 0.0069 0.0070
April 0.0073 0.0070 0.0070
May 0.0071 0.0069 0.0070
June 0.0070 0.0069 0.0070
July 0.0070 0.0069 0.0069
August 0.0068 0.0067 0.0067
September 0.0067 0.0065 0.0066
October 0.0069 0.0066 0.0068
November 0.0075 0.0069 0.0072
December 0.0075 0.0074 0.0075