YEARLY HIGH
0.0176 XCD
YEARLY LOW
0.0143 XCD
YEARLY AVERAGE
0.0156 XCD

2023 LRD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0176. Conversely, the yearly low was recorded on December 31, dropping to 0.0143.

This high-to-low spread represents a total annual volatility of 0.0032 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0174 to the December average rate of 0.0144, the exchange rate registered a net change of -17.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0176 was down 5.63% compared to the 2022 peak of 0.0186, 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 88 XCD
2022 Average 88 XCD
Yearly Trough Low 72 XCD
Transaction Impact: A difference of 16.18 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0177
0.0141
JanuMarcMayJulySeptNove

LRD to XCD 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 0.0166, compared to 0.0145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0166
H2 Avg (Jul–Dec) 0.0145

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0010 XCD (High: 0.0160 / Low: 0.0150). On the other end, November was the most stable month, with a tight range of 0.0000 XCD (High: 0.0144 / Low: 0.0144).

June Spread (Volatile) ±0.0010
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0008 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0174) against the same month in 2022 (average: 0.0181), the exchange rate shifted by -0.0007 (-3.86%).

2023 Avg (January) 0.0174
2022 Avg (January) 0.0181

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0176 0.0172 0.0174
February 0.0176 0.0170 0.0173
March 0.0176 0.0167 0.0170
April 0.0167 0.0164 0.0166
May 0.0163 0.0160 0.0162
June 0.0160 0.0150 0.0155
July 0.0150 0.0145 0.0147
August 0.0145 0.0145 0.0145
September 0.0145 0.0145 0.0145
October 0.0145 0.0144 0.0145
November 0.0144 0.0144 0.0144
December 0.0144 0.0143 0.0144