2024 CNY to LBP Historical Review

YEARLY HIGH

12799.3514 LBP

YEARLY LOW

2085.9988 LBP

YEARLY AVERAGE

10974.7864 LBP

2024 CNY to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 12799.3514. Conversely, the yearly low was recorded on February 20, dropping to 2085.9988.

This high-to-low spread represents a total annual volatility of 10713.3526 LBP. From a start-to-finish perspective, comparing the January average rate of 2113.8159 to the December average rate of 12294.5104, the exchange rate registered a net change of 481.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12799.3514 was up 464.63% compared to the 2023 peak of 2266.8760, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 319,983,784 LBP

2023 Average 48,355,971 LBP

Yearly Trough Low 52,149,969 LBP

Transaction Impact: A difference of 267,833,815.03 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13716.5723

1059.0199

JanuMarcMayJulySeptNove

CNY 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 9467.3107, compared to 12482.2621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3014.9514 points.

H1 Avg (Jan–Jun) 9467.3107

H2 Avg (Jul–Dec) 12482.2621

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 10422.9746 LBP (High: 12508.9734 / Low: 2085.9988). On the other end, January was the most stable month, with a tight range of 38.4878 LBP (High: 2129.2261 / Low: 2090.7382).

February Spread (Volatile) ±10422.9746

January Spread (Stable) ±38.4878

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 October and November, when the average rate fell by 206.7807 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -206.7807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 12641.7668) against the same month in 2023 (average: 2064.8203), the exchange rate shifted by +10576.9465 (+512.25%).

2024 Avg (October) 12641.7668

2023 Avg (October) 2064.8203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2129.2261	2090.7382	2113.8159
February	12508.9734	2085.9988	4958.8649
March	12558.1775	12334.3307	12442.1809
April	12620.0379	12339.2335	12384.9315
May	12668.8712	12332.9912	12491.9419
June	12682.6069	12306.4294	12412.1290
July	12545.9374	12268.4286	12337.6314
August	12643.2500	12363.5742	12522.9013
September	12778.6414	12576.0579	12661.7763
October	12799.3514	12560.0305	12641.7668
November	12622.4318	12339.3976	12434.9861
December	12357.1303	12222.2535	12294.5104