YEARLY HIGH
0.0796 LRD
YEARLY LOW
0.0139 LRD
YEARLY AVERAGE
0.0744 LRD

2024 SYP to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.0796. Conversely, the yearly low was recorded on December 22, dropping to 0.0139.

This high-to-low spread represents a total annual volatility of 0.0657 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0753 to the December average rate of 0.0511, the exchange rate registered a net change of -32.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0796 was up 6.15% compared to the 2023 peak of 0.0750, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 398 LRD
2023 Average 348 LRD
Yearly Trough Low 70 LRD
Transaction Impact: A difference of 328.60 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0805
0.0485
JanuMarcMayJulySeptNove

SYP 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 0.0764, compared to 0.0725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0764
H2 Avg (Jul–Dec) 0.0725

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0584 LRD (High: 0.0723 / Low: 0.0139). On the other end, May was the most stable month, with a tight range of 0.0002 LRD (High: 0.0772 / Low: 0.0770).

December Spread (Volatile) ±0.0584
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0225 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0778) against the same month in 2023 (average: 0.0742), the exchange rate shifted by +0.0037 (+4.95%).

2024 Avg (September) 0.0778
2023 Avg (September) 0.0742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0756 0.0750 0.0753
February 0.0763 0.0756 0.0758
March 0.0767 0.0763 0.0766
April 0.0771 0.0748 0.0767
May 0.0772 0.0770 0.0770
June 0.0774 0.0770 0.0772
July 0.0778 0.0772 0.0776
August 0.0791 0.0774 0.0778
September 0.0796 0.0771 0.0778
October 0.0771 0.0764 0.0767
November 0.0764 0.0713 0.0736
December 0.0723 0.0139 0.0511