2024 LRD to CNY Historical Review

YEARLY HIGH

0.0407 CNY

YEARLY LOW

0.0352 CNY

YEARLY AVERAGE

0.0375 CNY

2024 LRD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0407. Conversely, the yearly low was recorded on September 20, dropping to 0.0352.

This high-to-low spread represents a total annual volatility of 0.0054 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0376 to the December average rate of 0.0403, the exchange rate registered a net change of 7.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0407 was down 10.05% compared to the 2023 peak of 0.0452, 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 203 CNY

2023 Average 203 CNY

Yearly Trough Low 176 CNY

Transaction Impact: A difference of 27.21 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0407

0.0358

JanuMarcMayJulySeptNove

LRD to CNY 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 0.0374, compared to 0.0377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0374

H2 Avg (Jul–Dec) 0.0377

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0035 CNY (High: 0.0405 / Low: 0.0370). On the other end, February was the most stable month, with a tight range of 0.0005 CNY (High: 0.0378 / Low: 0.0374).

November Spread (Volatile) ±0.0035

February Spread (Stable) ±0.0005

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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0403) against the same month in 2023 (average: 0.0378), the exchange rate shifted by +0.0025 (+6.63%).

2024 Avg (December) 0.0403

2023 Avg (December) 0.0378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0380	0.0374	0.0376
February	0.0378	0.0374	0.0376
March	0.0375	0.0370	0.0374
April	0.0385	0.0368	0.0375
May	0.0374	0.0365	0.0370
June	0.0375	0.0365	0.0372
July	0.0375	0.0366	0.0372
August	0.0371	0.0360	0.0365
September	0.0365	0.0352	0.0362
October	0.0371	0.0363	0.0368
November	0.0405	0.0370	0.0390
December	0.0407	0.0397	0.0403