YEARLY HIGH
21.6928 CVE
YEARLY LOW
20.7573 CVE
YEARLY AVERAGE
21.1185 CVE

2024 LYD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 21.6928. Conversely, the yearly low was recorded on August 25, dropping to 20.7573.

This high-to-low spread represents a total annual volatility of 0.9354 CVE. From a start-to-finish perspective, comparing the January average rate of 21.0491 to the December average rate of 21.5084, the exchange rate registered a net change of 2.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.6928 was down 0.33% compared to the 2023 peak of 21.7636, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LYD based on timing:

Yearly Peak High 108,464 CVE
2023 Average 106,129 CVE
Yearly Trough Low 103,787 CVE
Transaction Impact: A difference of 4,677.13 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.5701
20.8299
JanuMarcMayJulySeptNove

LYD to CVE 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 21.1055, compared to 21.1316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0261 points.

H1 Avg (Jan–Jun) 21.1055
H2 Avg (Jul–Dec) 21.1316

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.7671 CVE (High: 21.6928 / Low: 20.9257). On the other end, September was the most stable month, with a tight range of 0.2470 CVE (High: 21.0147 / Low: 20.7677).

November Spread (Volatile) ±0.7671
September Spread (Stable) ±0.2470

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 June and July, when the average rate fell by 0.1533 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 21.3321) against the same month in 2023 (average: 21.1006), the exchange rate shifted by +0.2315 (+1.10%).

2024 Avg (November) 21.3321
2023 Avg (November) 21.1006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.1575 20.8914 21.0491
February 21.2721 20.9829 21.1359
March 21.2332 20.8900 21.0654
April 21.4690 20.9741 21.1770
May 21.3339 20.9192 21.0581
June 21.3299 20.9470 21.1475
July 21.1819 20.8773 20.9942
August 21.2319 20.7573 20.9492
September 21.0147 20.7677 20.8916
October 21.2533 20.9990 21.1138
November 21.6928 20.9257 21.3321
December 21.6790 21.3526 21.5084