YEARLY HIGH
0.0469 SBD
YEARLY LOW
0.0415 SBD
YEARLY AVERAGE
0.0440 SBD

2024 LRD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0469. Conversely, the yearly low was recorded on September 20, dropping to 0.0415.

This high-to-low spread represents a total annual volatility of 0.0053 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0445 to the December average rate of 0.0464, the exchange rate registered a net change of 4.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0469 was down 12.83% compared to the 2023 peak of 0.0538, 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 234 SBD
2023 Average 240 SBD
Yearly Trough Low 208 SBD
Transaction Impact: A difference of 26.65 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0468
0.0423
JanuMarcMayJulySeptNove

LRD to SBD 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 0.0441, compared to 0.0440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0441
H2 Avg (Jul–Dec) 0.0440

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0036 SBD (High: 0.0469 / Low: 0.0433). On the other end, May was the most stable month, with a tight range of 0.0002 SBD (High: 0.0440 / Low: 0.0437).

November Spread (Volatile) ±0.0036
May Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0452) against the same month in 2023 (average: 0.0449), the exchange rate shifted by +0.0003 (+0.66%).

2024 Avg (November) 0.0452
2023 Avg (November) 0.0449

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0448 0.0441 0.0445
February 0.0447 0.0442 0.0444
March 0.0456 0.0436 0.0440
April 0.0453 0.0437 0.0440
May 0.0440 0.0437 0.0438
June 0.0438 0.0434 0.0436
July 0.0435 0.0430 0.0434
August 0.0438 0.0427 0.0434
September 0.0435 0.0415 0.0426
October 0.0434 0.0428 0.0431
November 0.0469 0.0433 0.0452
December 0.0468 0.0456 0.0464