YEARLY HIGH
0.1029 NAD
YEARLY LOW
0.0875 NAD
YEARLY AVERAGE
0.0958 NAD

2024 LRD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1029. Conversely, the yearly low was recorded on September 20, dropping to 0.0875.

This high-to-low spread represents a total annual volatility of 0.0155 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0993 to the December average rate of 0.1009, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1029 was down 14.03% compared to the 2023 peak of 0.1197, 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 515 NAD
2023 Average 532 NAD
Yearly Trough Low 437 NAD
Transaction Impact: A difference of 77.28 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1020
0.0890
JanuMarcMayJulySeptNove

LRD to NAD 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 0.0975, compared to 0.0942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0975
H2 Avg (Jul–Dec) 0.0942

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0103 NAD (High: 0.1014 / Low: 0.0910). On the other end, July was the most stable month, with a tight range of 0.0028 NAD (High: 0.0949 / Low: 0.0921).

November Spread (Volatile) ±0.0103
July Spread (Stable) ±0.0028

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 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1009) against the same month in 2023 (average: 0.0993), the exchange rate shifted by +0.0017 (+1.67%).

2024 Avg (December) 0.1009
2023 Avg (December) 0.0993

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1013 0.0980 0.0993
February 0.1013 0.0979 0.0996
March 0.0996 0.0965 0.0980
April 0.1013 0.0958 0.0980
May 0.0964 0.0935 0.0950
June 0.0982 0.0922 0.0950
July 0.0949 0.0921 0.0936
August 0.0950 0.0903 0.0922
September 0.0922 0.0875 0.0901
October 0.0923 0.0892 0.0912
November 0.1014 0.0910 0.0970
December 0.1029 0.0983 0.1009