2024 LRD to CVE Historical Review

YEARLY HIGH

0.5879 CVE

YEARLY LOW

0.4941 CVE

YEARLY AVERAGE

0.5335 CVE

2024 LRD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.5879. Conversely, the yearly low was recorded on September 22, dropping to 0.4941.

This high-to-low spread represents a total annual volatility of 0.0938 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5347 to the December average rate of 0.5828, the exchange rate registered a net change of 8.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5879 was down 13.38% compared to the 2023 peak of 0.6787, 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 2,939 CVE

2023 Average 2,938 CVE

Yearly Trough Low 2,470 CVE

Transaction Impact: A difference of 468.98 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5902

0.5007

JanuMarcMayJulySeptNove

LRD to CVE 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 0.5314, compared to 0.5355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.5314

H2 Avg (Jul–Dec) 0.5355

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0599 CVE (High: 0.5879 / Low: 0.5280). On the other end, February was the most stable month, with a tight range of 0.0080 CVE (High: 0.5409 / Low: 0.5328).

November Spread (Volatile) ±0.0599

February Spread (Stable) ±0.0080

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 0.0092 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.5614) against the same month in 2023 (average: 0.5444), the exchange rate shifted by +0.0169 (+3.11%).

2024 Avg (November) 0.5614

2023 Avg (November) 0.5444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5379	0.5297	0.5347
February	0.5409	0.5328	0.5370
March	0.5332	0.5235	0.5277
April	0.5517	0.5260	0.5330
May	0.5357	0.5230	0.5278
June	0.5329	0.5223	0.5285
July	0.5298	0.5168	0.5218
August	0.5235	0.5068	0.5130
September	0.5132	0.4941	0.5082
October	0.5325	0.5134	0.5257
November	0.5879	0.5280	0.5614
December	0.5872	0.5757	0.5828