YEARLY HIGH
0.4017 GMD
YEARLY LOW
0.3424 GMD
YEARLY AVERAGE
0.3598 GMD

2024 LRD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.4017. Conversely, the yearly low was recorded on September 20, dropping to 0.3424.

This high-to-low spread represents a total annual volatility of 0.0593 GMD. From a start-to-finish perspective, comparing the January average rate of 0.3558 to the December average rate of 0.3977, the exchange rate registered a net change of 11.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4017 was down 0.07% compared to the 2023 peak of 0.4019, 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 2,008 GMD
2023 Average 1,790 GMD
Yearly Trough Low 1,712 GMD
Transaction Impact: A difference of 296.26 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4027
0.3430
JanuMarcMayJulySeptNove

LRD to GMD 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 0.3525, compared to 0.3671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 0.3525
H2 Avg (Jul–Dec) 0.3671

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0267 GMD (High: 0.3965 / Low: 0.3697). On the other end, June was the most stable month, with a tight range of 0.0016 GMD (High: 0.3501 / Low: 0.3485).

November Spread (Volatile) ±0.0267
June Spread (Stable) ±0.0016

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 April and May, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3977) against the same month in 2023 (average: 0.3578), the exchange rate shifted by +0.0399 (+11.14%).

2024 Avg (December) 0.3977
2023 Avg (December) 0.3578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3573 0.3549 0.3558
February 0.3559 0.3529 0.3549
March 0.3548 0.3524 0.3530
April 0.3614 0.3499 0.3523
May 0.3509 0.3492 0.3501
June 0.3501 0.3485 0.3492
July 0.3557 0.3467 0.3480
August 0.3640 0.3529 0.3571
September 0.3641 0.3424 0.3557
October 0.3664 0.3497 0.3595
November 0.3965 0.3697 0.3848
December 0.4017 0.3913 0.3977