2024 CRC to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CRC to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CRC to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 179.8394. Conversely, the yearly low was recorded on January 11, dropping to 28.8104.
This high-to-low spread represents a total annual volatility of 151.0290 LBP. From a start-to-finish perspective, comparing the January average rate of 29.0749 to the December average rate of 176.9812, the exchange rate registered a net change of 508.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 179.8394 was up 521.65% compared to the 2023 peak of 28.9292, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CRC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CRC 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 132.8350, compared to 173.1852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.3502 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 146.0841 LBP (High: 174.9977 / Low: 28.9136). On the other end, January was the most stable month, with a tight range of 0.6446 LBP (High: 29.4550 / Low: 28.8104).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 4.1948 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 177.6132) against the same month in 2023 (average: 28.1856), the exchange rate shifted by +149.4276 (+530.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.4550 | 28.8104 | 29.0749 |
| February | 174.9977 | 28.9136 | 69.1380 |
| March | 178.4332 | 174.2751 | 176.0960 |
| April | 179.8394 | 175.9052 | 177.6132 |
| May | 175.6357 | 171.9171 | 174.6413 |
| June | 171.9227 | 168.3335 | 170.4465 |
| July | 171.5481 | 167.4868 | 170.0229 |
| August | 172.7074 | 169.0395 | 170.5733 |
| September | 173.2984 | 170.0380 | 172.4334 |
| October | 174.8794 | 172.2794 | 173.5962 |
| November | 176.7367 | 174.4824 | 175.5043 |
| December | 178.4844 | 175.8004 | 176.9812 |