2024 BIF to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BIF to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BIF to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 31.4069. Conversely, the yearly low was recorded on February 3, dropping to 5.2301.
This high-to-low spread represents a total annual volatility of 26.1768 LBP. From a start-to-finish perspective, comparing the January average rate of 5.2675 to the December average rate of 30.3708, the exchange rate registered a net change of 476.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 31.4069 was up 322.46% compared to the 2023 peak of 7.4343, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BIF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BIF 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 23.7636, compared to 30.8356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.0720 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 26.1156 LBP (High: 31.3457 / Low: 5.2301). On the other end, January was the most stable month, with a tight range of 0.0284 LBP (High: 5.2763 / Low: 5.2478).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 0.3036 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 31.2999) against the same month in 2023 (average: 7.2608), the exchange rate shifted by +24.0391 (+331.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.2763 | 5.2478 | 5.2675 |
| February | 31.3457 | 5.2301 | 12.4421 |
| March | 31.4069 | 31.1319 | 31.2999 |
| April | 31.3302 | 31.1391 | 31.2413 |
| May | 31.2669 | 30.9748 | 31.1927 |
| June | 31.1968 | 30.9827 | 31.1381 |
| July | 31.1621 | 31.0341 | 31.0995 |
| August | 31.1571 | 30.9510 | 31.0662 |
| September | 31.1225 | 30.8816 | 30.9514 |
| October | 31.0281 | 30.3543 | 30.8512 |
| November | 31.0519 | 30.3150 | 30.6744 |
| December | 30.9396 | 30.2813 | 30.3708 |