YEARLY HIGH
48.1897 GNF
YEARLY LOW
43.1987 GNF
YEARLY AVERAGE
45.0218 GNF

2024 LRD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 48.1897. Conversely, the yearly low was recorded on September 22, dropping to 43.1987.

This high-to-low spread represents a total annual volatility of 4.9911 GNF. From a start-to-finish perspective, comparing the January average rate of 45.4437 to the December average rate of 47.7959, the exchange rate registered a net change of 5.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 48.1897 was down 15.25% compared to the 2023 peak of 56.8608, 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 240,949 GNF
2023 Average 248,063 GNF
Yearly Trough Low 215,993 GNF
Transaction Impact: A difference of 24,955.29 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

48.1687
43.6950
JanuMarcMayJulySeptNove

LRD to GNF 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 44.7612, compared to 45.2824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5212 points.

H1 Avg (Jan–Jun) 44.7612
H2 Avg (Jul–Dec) 45.2824

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.2543 GNF (High: 48.1642 / Low: 44.9099). On the other end, May was the most stable month, with a tight range of 0.2567 GNF (High: 44.4925 / Low: 44.2358).

November Spread (Volatile) ±3.2543
May Spread (Stable) ±0.2567

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5099 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 47.7959) against the same month in 2023 (average: 45.6997), the exchange rate shifted by +2.0962 (+4.59%).

2024 Avg (December) 47.7959
2023 Avg (December) 45.6997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.7490 45.2143 45.4437
February 45.5503 44.8730 45.1640
March 44.8591 44.4193 44.6542
April 45.6957 44.2403 44.5738
May 44.4925 44.2358 44.3969
June 44.5003 44.2380 44.3349
July 44.3400 44.0430 44.1677
August 44.2685 43.3840 44.0678
September 44.5667 43.1987 44.1830
October 44.9471 44.5918 44.8254
November 48.1642 44.9099 46.6546
December 48.1897 46.9747 47.7959