2024 AFN to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AFN to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AFN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 1375.5792. Conversely, the yearly low was recorded on February 3, dropping to 199.7255.
This high-to-low spread represents a total annual volatility of 1175.8537 LBP. From a start-to-finish perspective, comparing the January average rate of 210.1694 to the December average rate of 1289.7676, the exchange rate registered a net change of 513.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1375.5792 was up 531.94% compared to the 2023 peak of 217.6749, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AFN to LBP 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 950.8312, compared to 1294.6816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 343.8504 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 1036.8261 LBP (High: 1236.5516 / Low: 199.7255). On the other end, January was the most stable month, with a tight range of 12.5660 LBP (High: 214.7812 / Low: 202.2153).
Growth Streaks & Declines
TrendsBetween January and June, 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 November and December, when the average rate fell by 34.1718 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 1336.2688) against the same month in 2023 (average: 198.8983), the exchange rate shifted by +1137.3705 (+571.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 214.7812 | 202.2153 | 210.1694 |
| February | 1236.5516 | 199.7255 | 488.1739 |
| March | 1257.8362 | 1227.6017 | 1240.5667 |
| April | 1258.9299 | 1237.6734 | 1247.1023 |
| May | 1270.2127 | 1237.8968 | 1249.0408 |
| June | 1287.4009 | 1247.2295 | 1269.9343 |
| July | 1276.8916 | 1256.2855 | 1265.2247 |
| August | 1279.0597 | 1254.9597 | 1264.0087 |
| September | 1317.6469 | 1263.7482 | 1288.8805 |
| October | 1375.5792 | 1303.2179 | 1336.2688 |
| November | 1337.8899 | 1315.4674 | 1323.9394 |
| December | 1328.1140 | 1271.1631 | 1289.7676 |