YEARLY HIGH
0.6318 RUB
YEARLY LOW
0.4296 RUB
YEARLY AVERAGE
0.4859 RUB

2024 LRD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.6318. Conversely, the yearly low was recorded on June 19, dropping to 0.4296.

This high-to-low spread represents a total annual volatility of 0.2022 RUB. From a start-to-finish perspective, comparing the January average rate of 0.4724 to the December average rate of 0.5748, the exchange rate registered a net change of 21.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6318 was up 16.70% compared to the 2023 peak of 0.5414, 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 3,159 RUB
2023 Average 2,442 RUB
Yearly Trough Low 2,148 RUB
Transaction Impact: A difference of 1,011.13 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5874
0.4354
JanuMarcMayJulySeptNove

LRD to RUB 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 0.4732, compared to 0.4985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0252 points.

H1 Avg (Jan–Jun) 0.4732
H2 Avg (Jul–Dec) 0.4985

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1253 RUB (High: 0.6318 / Low: 0.5065). On the other end, March was the most stable month, with a tight range of 0.0113 RUB (High: 0.4822 / Low: 0.4708).

November Spread (Volatile) ±0.1253
March Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0166 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.5464) against the same month in 2023 (average: 0.4823), the exchange rate shifted by +0.0641 (+13.28%).

2024 Avg (November) 0.5464
2023 Avg (November) 0.4823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4881 0.4640 0.4724
February 0.4972 0.4758 0.4822
March 0.4822 0.4708 0.4773
April 0.5009 0.4768 0.4825
May 0.4835 0.4576 0.4708
June 0.4663 0.4296 0.4542
July 0.4577 0.4350 0.4481
August 0.4715 0.4299 0.4552
September 0.4865 0.4478 0.4669
October 0.5077 0.4877 0.4996
November 0.6318 0.5065 0.5464
December 0.6181 0.5490 0.5748