2024 LYD to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LYD to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LYD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 604.4304. Conversely, the yearly low was recorded on January 20, dropping to 551.8672.
This high-to-low spread represents a total annual volatility of 52.5632 CDF. From a start-to-finish perspective, comparing the January average rate of 566.4811 to the December average rate of 583.3398, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 604.4304 was up 3.89% compared to the 2023 peak of 581.8119, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LYD to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 574.5308, compared to 591.2299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.6991 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 21.0555 CDF (High: 572.9227 / Low: 551.8672). On the other end, March was the most stable month, with a tight range of 5.0900 CDF (High: 577.9959 / Low: 572.9059).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 7.0317 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 598.7407) against the same month in 2023 (average: 511.9244), the exchange rate shifted by +86.8163 (+16.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 572.9227 | 551.8672 | 566.4811 |
| February | 572.8336 | 566.1507 | 569.6145 |
| March | 577.9959 | 572.9059 | 575.4663 |
| April | 583.0002 | 569.4412 | 575.4766 |
| May | 582.6804 | 571.2821 | 576.2231 |
| June | 589.0471 | 576.5935 | 583.9231 |
| July | 592.1372 | 583.4858 | 587.0688 |
| August | 600.6658 | 590.8042 | 594.9096 |
| September | 604.4304 | 594.2959 | 598.7407 |
| October | 603.1605 | 590.0072 | 595.1761 |
| November | 592.7817 | 584.0239 | 588.1444 |
| December | 589.0464 | 578.5917 | 583.3398 |