YEARLY HIGH
0.0044 GBP
YEARLY LOW
0.0038 GBP
YEARLY AVERAGE
0.0041 GBP

2024 LRD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0044. Conversely, the yearly low was recorded on September 20, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0007 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0042 to the December average rate of 0.0044, the exchange rate registered a net change of 5.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0044 was down 18.56% compared to the 2023 peak of 0.0054, 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 22 GBP
2023 Average 23 GBP
Yearly Trough Low 19 GBP
Transaction Impact: A difference of 3.41 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0044
0.0038
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 0.0041, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0041
H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0004 GBP (High: 0.0044 / Low: 0.0040). On the other end, June was the most stable month, with a tight range of 0.0001 GBP (High: 0.0041 / Low: 0.0040).

November Spread (Volatile) ±0.0004
June 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 (November 2024: 0.0042) against the same month in 2023 (average: 0.0043), the exchange rate shifted by -0.0000 (-0.97%).

2024 Avg (November) 0.0042
2023 Avg (November) 0.0043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0042 0.0041 0.0042
February 0.0042 0.0041 0.0042
March 0.0041 0.0040 0.0041
April 0.0043 0.0041 0.0041
May 0.0041 0.0040 0.0041
June 0.0041 0.0040 0.0041
July 0.0041 0.0039 0.0040
August 0.0040 0.0039 0.0040
September 0.0039 0.0038 0.0039
October 0.0040 0.0039 0.0040
November 0.0044 0.0040 0.0042
December 0.0044 0.0043 0.0044