YEARLY HIGH
0.0062 EUR
YEARLY LOW
0.0048 EUR
YEARLY AVERAGE
0.0053 EUR

2023 LRD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.0062. Conversely, the yearly low was recorded on December 27, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0014 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0060 to the December average rate of 0.0049, the exchange rate registered a net change of -18.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0062 was down 9.24% compared to the 2022 peak of 0.0068, 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 31 EUR
2022 Average 31 EUR
Yearly Trough Low 24 EUR
Transaction Impact: A difference of 6.93 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0061
0.0048
JanuMarcMayJulySeptNove

LRD to EUR 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 0.0057, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0057
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0004 EUR (High: 0.0055 / Low: 0.0051). On the other end, October was the most stable month, with a tight range of 0.0001 EUR (High: 0.0051 / Low: 0.0050).

June Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0060) against the same month in 2022 (average: 0.0057), the exchange rate shifted by +0.0002 (+4.10%).

2023 Avg (February) 0.0060
2022 Avg (February) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0062 0.0059 0.0060
February 0.0062 0.0058 0.0060
March 0.0060 0.0057 0.0059
April 0.0057 0.0054 0.0056
May 0.0056 0.0054 0.0055
June 0.0055 0.0051 0.0053
July 0.0051 0.0048 0.0049
August 0.0050 0.0049 0.0049
September 0.0051 0.0050 0.0050
October 0.0051 0.0050 0.0051
November 0.0050 0.0048 0.0049
December 0.0049 0.0048 0.0049