2024 NAD to LRD Historical Review

YEARLY HIGH

11.4321 LRD

YEARLY LOW

9.7155 LRD

YEARLY AVERAGE

10.4518 LRD

2024 NAD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 11.4321. Conversely, the yearly low was recorded on December 27, dropping to 9.7155.

This high-to-low spread represents a total annual volatility of 1.7167 LRD. From a start-to-finish perspective, comparing the January average rate of 10.0687 to the December average rate of 9.9097, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.4321 was up 8.36% compared to the 2023 peak of 10.5502, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,161 LRD

2023 Average 47,202 LRD

Yearly Trough Low 48,577 LRD

Transaction Impact: A difference of 8,583.29 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.2226

9.7903

JanuMarcMayJulySeptNove

NAD to LRD 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 10.2641, compared to 10.6396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3754 points.

H1 Avg (Jan–Jun) 10.2641

H2 Avg (Jul–Dec) 10.6396

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.1181 LRD (High: 10.9837 / Low: 9.8657). On the other end, May was the most stable month, with a tight range of 0.3202 LRD (High: 10.6979 / Low: 10.3777).

November Spread (Volatile) ±1.1181

May Spread (Stable) ±0.3202

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6394 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 11.1032) against the same month in 2023 (average: 9.8218), the exchange rate shifted by +1.2814 (+13.05%).

2024 Avg (September) 11.1032

2023 Avg (September) 9.8218

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2010	9.8757	10.0687
February	10.2191	9.8745	10.0393
March	10.3633	10.0354	10.2075
April	10.4337	9.8690	10.2059
May	10.6979	10.3777	10.5287
June	10.8426	10.1878	10.5347
July	10.8549	10.5322	10.6889
August	11.0688	10.5241	10.8458
September	11.4321	10.8486	11.1032
October	11.2065	10.8289	10.9646
November	10.9837	9.8657	10.3252
December	10.1713	9.7155	9.9097