2024 BGN to LBP Historical Review

YEARLY HIGH

51243.9901 LBP

YEARLY LOW

8219.5797 LBP

YEARLY AVERAGE

43603.2853 LBP

2024 BGN to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 51243.9901. Conversely, the yearly low was recorded on February 14, dropping to 8219.5797.

This high-to-low spread represents a total annual volatility of 43024.4104 LBP. From a start-to-finish perspective, comparing the January average rate of 8383.2005 to the December average rate of 47940.0321, the exchange rate registered a net change of 471.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 51243.9901 was up 490.50% compared to the 2023 peak of 8678.0082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 256,219,950 LBP

2023 Average 37,985,132 LBP

Yearly Trough Low 41,097,898 LBP

Transaction Impact: A difference of 215,122,051.93 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

55124.6274

4133.9799

JanuMarcMayJulySeptNove

BGN 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 37615.0100, compared to 49591.5607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11976.5507 points.

H1 Avg (Jan–Jun) 37615.0100

H2 Avg (Jul–Dec) 49591.5607

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 41511.2758 LBP (High: 49730.8554 / Low: 8219.5797). On the other end, January was the most stable month, with a tight range of 188.9494 LBP (High: 8507.3952 / Low: 8318.4459).

February Spread (Volatile) ±41511.2758

January Spread (Stable) ±188.9494

Growth Streaks & Declines

Trends

Between 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 1243.6314 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1243.6314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 50438.2318) against the same month in 2023 (average: 8399.3286), the exchange rate shifted by +42038.9032 (+500.50%).

2024 Avg (August) 50438.2318

2023 Avg (August) 8399.3286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8507.3952	8318.4459	8383.2005
February	49730.8554	8219.5797	19675.8134
March	50199.9885	49323.5722	49768.0809
April	49723.8715	48635.0580	49087.1394
May	49780.2830	48870.9648	49488.5544
June	49865.5731	48862.5807	49287.2712
July	50020.6838	49160.0791	49676.9614
August	51243.9901	49406.0082	50438.2318
September	51220.6463	50420.6401	50875.4068
October	50669.7342	49354.0556	49931.1818
November	50029.5253	47705.4548	48687.5504
December	48495.2141	47469.6006	47940.0321