YEARLY HIGH
2.9371 KZT
YEARLY LOW
2.2671 KZT
YEARLY AVERAGE
2.4563 KZT

2024 LRD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 2.9371. Conversely, the yearly low was recorded on May 6, dropping to 2.2671.

This high-to-low spread represents a total annual volatility of 0.6700 KZT. From a start-to-finish perspective, comparing the January average rate of 2.3884 to the December average rate of 2.8853, the exchange rate registered a net change of 20.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9371 was down 2.80% compared to the 2023 peak of 3.0217, 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 14,686 KZT
2023 Average 13,129 KZT
Yearly Trough Low 11,335 KZT
Transaction Impact: A difference of 3,350.22 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9454
2.2248
JanuMarcMayJulySeptNove

LRD to KZT 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 2.3399, compared to 2.5727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2327 points.

H1 Avg (Jan–Jun) 2.3399
H2 Avg (Jul–Dec) 2.5727

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.3366 KZT (High: 2.8822 / Low: 2.5456). On the other end, May was the most stable month, with a tight range of 0.0375 KZT (High: 2.3045 / Low: 2.2671).

November Spread (Volatile) ±0.3366
May Spread (Stable) ±0.0375

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0320 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.8853) against the same month in 2023 (average: 2.4394), the exchange rate shifted by +0.4459 (+18.28%).

2024 Avg (December) 2.8853
2023 Avg (December) 2.4394

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4312 2.3498 2.3884
February 2.4000 2.3439 2.3665
March 2.3578 2.3090 2.3345
April 2.3864 2.2795 2.3147
May 2.3045 2.2671 2.2848
June 2.4286 2.3003 2.3508
July 2.4709 2.4243 2.4383
August 2.4769 2.3874 2.4475
September 2.4828 2.3972 2.4563
October 2.5717 2.4811 2.5224
November 2.8822 2.5456 2.6862
December 2.9371 2.8400 2.8853