2024 LYD to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LYD to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LYD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 17.7242. Conversely, the yearly low was recorded on February 4, dropping to 17.0338.
This high-to-low spread represents a total annual volatility of 0.6903 INR. From a start-to-finish perspective, comparing the January average rate of 17.2969 to the December average rate of 17.3733, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 17.7242 was up 1.49% compared to the 2023 peak of 17.4632, 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 INR 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 17.2109, compared to 17.4380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2271 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.3435 INR (High: 17.6808 / Low: 17.3373). On the other end, September was the most stable month, with a tight range of 0.1567 INR (High: 17.6841 / Low: 17.5274).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1739 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 17.5185) against the same month in 2023 (average: 17.0162), the exchange rate shifted by +0.5023 (+2.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.4545 | 17.2240 | 17.2969 |
| February | 17.2077 | 17.0338 | 17.1467 |
| March | 17.4420 | 17.1092 | 17.2293 |
| April | 17.3405 | 17.0827 | 17.1962 |
| May | 17.3051 | 17.1036 | 17.1824 |
| June | 17.2946 | 17.0999 | 17.2135 |
| July | 17.3644 | 17.1339 | 17.2590 |
| August | 17.6808 | 17.3373 | 17.5168 |
| September | 17.6841 | 17.5274 | 17.6157 |
| October | 17.7242 | 17.4164 | 17.5185 |
| November | 17.4908 | 17.2116 | 17.3446 |
| December | 17.4879 | 17.2929 | 17.3733 |