YEARLY HIGH
13025.5163 LBP
YEARLY LOW
2165.2775 LBP
YEARLY AVERAGE
11405.6904 LBP

2024 BOB to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 13025.5163. Conversely, the yearly low was recorded on February 8, dropping to 2165.2775.

This high-to-low spread represents a total annual volatility of 10860.2388 LBP. From a start-to-finish perspective, comparing the January average rate of 2175.5163 to the December average rate of 12955.4911, the exchange rate registered a net change of 495.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13025.5163 was up 484.12% compared to the 2023 peak of 2229.9194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,127,582 LBP
2023 Average 9,938,344 LBP
Yearly Trough Low 10,826,388 LBP
Transaction Impact: A difference of 54,301,194.15 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14038.4567
1097.0672
JanuMarcMayJulySeptNove

BOB 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 9855.9236, compared to 12955.4572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3099.5336 points.

H1 Avg (Jan–Jun) 9855.9236
H2 Avg (Jul–Dec) 12955.4572

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 10806.8898 LBP (High: 12972.1674 / Low: 2165.2775). On the other end, January was the most stable month, with a tight range of 8.3570 LBP (High: 2179.0313 / Low: 2170.6743).

February Spread (Volatile) ±10806.8898
January Spread (Stable) ±8.3570

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 24.2162 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -24.2162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 12949.3729) against the same month in 2023 (average: 2174.0536), the exchange rate shifted by +10775.3192 (+495.63%).

2024 Avg (November) 12949.3729
2023 Avg (November) 2174.0536

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2179.0313 2170.6743 2175.5163
February 12972.1674 2165.2775 5149.3508
March 12995.4504 12910.7818 12959.5599
April 12978.7136 12872.4700 12935.3438
May 12988.0390 12893.7568 12955.7632
June 12998.6038 12932.1410 12960.0076
July 12988.3832 12923.8338 12959.3328
August 12994.9761 12915.7540 12959.6437
September 12998.5114 12911.6148 12956.3363
October 12983.4921 12904.6352 12952.5664
November 13025.5163 12909.1594 12949.3729
December 12966.7757 12911.9028 12955.4911