2024 PLN to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PLN to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PLN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 52.3789. Conversely, the yearly low was recorded on January 1, dropping to 40.9075.
This high-to-low spread represents a total annual volatility of 11.4715 LRD. From a start-to-finish perspective, comparing the January average rate of 47.0853 to the December average rate of 44.2929, the exchange rate registered a net change of -5.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 52.3789 was up 8.12% compared to the 2023 peak of 48.4473, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PLN to LRD 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 48.0685, compared to 48.1341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0656 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 6.9014 LRD (High: 47.8088 / Low: 40.9075). On the other end, December was the most stable month, with a tight range of 0.8657 LRD (High: 44.6883 / Low: 43.8226).
Growth Streaks & Declines
TrendsBetween June and September, 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 October and November, when the average rate fell by 3.2452 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 50.8026) against the same month in 2023 (average: 43.2553), the exchange rate shifted by +7.5473 (+17.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 47.8088 | 40.9075 | 47.0853 |
| February | 48.0309 | 47.0162 | 47.5404 |
| March | 49.2369 | 48.1359 | 48.5624 |
| April | 49.2116 | 45.7220 | 48.0233 |
| May | 49.4385 | 47.9214 | 48.8658 |
| June | 49.4738 | 47.3008 | 48.3338 |
| July | 49.9305 | 48.3713 | 49.4141 |
| August | 51.2476 | 49.0026 | 50.2513 |
| September | 52.3789 | 50.0550 | 50.8026 |
| October | 49.9947 | 47.7009 | 48.6445 |
| November | 48.0575 | 43.2287 | 45.3993 |
| December | 44.6883 | 43.8226 | 44.2929 |