YEARLY HIGH
2.3279 LRD
YEARLY LOW
1.5828 LRD
YEARLY AVERAGE
2.0700 LRD

2024 RUB to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 2.3279. Conversely, the yearly low was recorded on November 27, dropping to 1.5828.

This high-to-low spread represents a total annual volatility of 0.7451 LRD. From a start-to-finish perspective, comparing the January average rate of 2.1174 to the December average rate of 1.7412, the exchange rate registered a net change of -17.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3279 was down 0.79% compared to the 2023 peak of 2.3465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,639 LRD
2023 Average 10,259 LRD
Yearly Trough Low 7,914 LRD
Transaction Impact: A difference of 3,725.46 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2812
1.6921
JanuMarcMayJulySeptNove

RUB 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 2.1144, compared to 2.0257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0887 points.

H1 Avg (Jan–Jun) 2.1144
H2 Avg (Jul–Dec) 2.0257

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.3915 LRD (High: 1.9742 / Low: 1.5828). On the other end, March was the most stable month, with a tight range of 0.0498 LRD (High: 2.1238 / Low: 2.0740).

November Spread (Volatile) ±0.3915
March Spread (Stable) ±0.0498

Growth Streaks & Declines

Trends

Between April and July, 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 0.1646 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1646

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 2.2024) against the same month in 2023 (average: 2.0941), the exchange rate shifted by +0.1083 (+5.17%).

2024 Avg (June) 2.2024
2023 Avg (June) 2.0941

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1552 2.0489 2.1174
February 2.1015 2.0114 2.0742
March 2.1238 2.0740 2.0951
April 2.0973 1.9966 2.0728
May 2.1855 2.0682 2.1244
June 2.3279 2.1445 2.2024
July 2.2989 2.1847 2.2321
August 2.3259 2.1210 2.1991
September 2.2333 2.0554 2.1427
October 2.0506 1.9697 2.0018
November 1.9742 1.5828 1.8372
December 1.8213 1.6178 1.7412