2024 BOB to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 March and April, when the average rate fell by 24.2162 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |