YEARLY HIGH
0.0054 GBP
YEARLY LOW
0.0041 GBP
YEARLY AVERAGE
0.0046 GBP

2023 LRD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0054. Conversely, the yearly low was recorded on December 27, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0013 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0053 to the December average rate of 0.0042, the exchange rate registered a net change of -20.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0054 was down 10.34% compared to the 2022 peak of 0.0061, 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 27 GBP
2022 Average 27 GBP
Yearly Trough Low 21 GBP
Transaction Impact: A difference of 6.50 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0054
0.0041
JanuMarcMayJulySeptNove

LRD to GBP 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 0.0050, compared to 0.0043 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) 0.0050
H2 Avg (Jul–Dec) 0.0043

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0004 GBP (High: 0.0047 / Low: 0.0044). On the other end, August was the most stable month, with a tight range of 0.0001 GBP (High: 0.0043 / Low: 0.0042).

June Spread (Volatile) ±0.0004
August 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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0053) against the same month in 2022 (average: 0.0048), the exchange rate shifted by +0.0005 (+10.20%).

2023 Avg (February) 0.0053
2022 Avg (February) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0054 0.0051 0.0053
February 0.0054 0.0051 0.0053
March 0.0053 0.0050 0.0052
April 0.0050 0.0048 0.0049
May 0.0048 0.0048 0.0048
June 0.0047 0.0044 0.0045
July 0.0044 0.0041 0.0042
August 0.0043 0.0042 0.0042
September 0.0044 0.0043 0.0043
October 0.0044 0.0043 0.0044
November 0.0044 0.0042 0.0043
December 0.0042 0.0041 0.0042