YEARLY HIGH
0.0080 CAD
YEARLY LOW
0.0068 CAD
YEARLY AVERAGE
0.0072 CAD

2024 LRD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0080. Conversely, the yearly low was recorded on September 20, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0012 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0079, the exchange rate registered a net change of 11.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0080 was down 10.99% compared to the 2023 peak of 0.0090, 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 40 CAD
2023 Average 39 CAD
Yearly Trough Low 34 CAD
Transaction Impact: A difference of 6.00 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0080
0.0068
JanuMarcMayJulySeptNove

LRD to CAD 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 0.0071, compared to 0.0073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0071
H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 CAD (High: 0.0078 / Low: 0.0072). On the other end, May was the most stable month, with a tight range of 0.0001 CAD (High: 0.0071 / Low: 0.0070).

November Spread (Volatile) ±0.0006
May Spread (Stable) ±0.0001

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 August and September, 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: 0.0079) against the same month in 2023 (average: 0.0071), the exchange rate shifted by +0.0008 (+10.85%).

2024 Avg (December) 0.0079
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 0.0071 0.0070 0.0070
April 0.0074 0.0070 0.0071
May 0.0071 0.0070 0.0071
June 0.0071 0.0070 0.0071
July 0.0071 0.0070 0.0070
August 0.0071 0.0069 0.0070
September 0.0070 0.0068 0.0069
October 0.0073 0.0070 0.0071
November 0.0078 0.0072 0.0076
December 0.0080 0.0078 0.0079