2024 ARS to LBP Historical Review

YEARLY HIGH

106.9958 LBP

YEARLY LOW

17.9100 LBP

YEARLY AVERAGE

85.3375 LBP

2024 ARS to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 106.9958. Conversely, the yearly low was recorded on February 21, dropping to 17.9100.

This high-to-low spread represents a total annual volatility of 89.0857 LBP. From a start-to-finish perspective, comparing the January average rate of 18.3821 to the December average rate of 87.7816, the exchange rate registered a net change of 377.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 106.9958 was up 31.37% compared to the 2023 peak of 81.4472, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 534,979 LBP

2023 Average 251,343 LBP

Yearly Trough Low 89,550 LBP

Transaction Impact: A difference of 445,428.56 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

113.9716

9.6922

JanuMarcMayJulySeptNove

ARS to LBP 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 78.2586, compared to 92.4163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.1577 points.

H1 Avg (Jan–Jun) 78.2586

H2 Avg (Jul–Dec) 92.4163

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 89.0857 LBP (High: 106.9958 / Low: 17.9100). On the other end, January was the most stable month, with a tight range of 0.3984 LBP (High: 18.5873 / Low: 18.1889).

February Spread (Volatile) ±89.0857

January Spread (Stable) ±0.3984

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.1171 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.1171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 42.4947) against the same month in 2023 (average: 65.8298), the exchange rate shifted by -23.3351 (-35.45%).

2024 Avg (February) 42.4947

2023 Avg (February) 65.8298

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5873	18.1889	18.3821
February	106.9958	17.9100	42.4947
March	106.6127	104.3111	105.2817
April	104.5179	102.1626	103.1646
May	102.6312	100.1455	101.1016
June	100.0848	98.3280	99.1270
July	98.1019	96.0933	97.1082
August	96.1981	94.2202	95.1415
September	94.0388	92.4506	93.2779
October	92.6079	90.4382	91.5214
November	90.8509	88.4804	89.6674
December	88.5653	86.8018	87.7816