2024 LRD to GHS Historical Review

YEARLY HIGH

0.0881 GHS

YEARLY LOW

0.0631 GHS

YEARLY AVERAGE

0.0757 GHS

2024 LRD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.0881. Conversely, the yearly low was recorded on January 9, dropping to 0.0631.

This high-to-low spread represents a total annual volatility of 0.0250 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0637 to the December average rate of 0.0819, the exchange rate registered a net change of 28.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0881 was up 5.25% compared to the 2023 peak of 0.0837, 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 440 GHS

2023 Average 337 GHS

Yearly Trough Low 315 GHS

Transaction Impact: A difference of 124.98 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0890

0.0614

JanuMarcMayJulySeptNove

LRD to GHS 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 0.0695, compared to 0.0818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0123 points.

H1 Avg (Jan–Jun) 0.0695

H2 Avg (Jul–Dec) 0.0818

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0058 GHS (High: 0.0857 / Low: 0.0799). On the other end, July was the most stable month, with a tight range of 0.0009 GHS (High: 0.0796 / Low: 0.0787).

December Spread (Volatile) ±0.0058

July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0048 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0867) against the same month in 2023 (average: 0.0636), the exchange rate shifted by +0.0231 (+36.33%).

2024 Avg (November) 0.0867

2023 Avg (November) 0.0636

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0651	0.0631	0.0637
February	0.0660	0.0649	0.0654
March	0.0688	0.0659	0.0672
April	0.0715	0.0687	0.0697
May	0.0763	0.0707	0.0734
June	0.0785	0.0760	0.0775
July	0.0796	0.0787	0.0792
August	0.0805	0.0783	0.0798
September	0.0814	0.0786	0.0803
October	0.0849	0.0816	0.0831
November	0.0881	0.0849	0.0867
December	0.0857	0.0799	0.0819