2024 CVE to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CVE to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CVE to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 906.4920. Conversely, the yearly low was recorded on February 14, dropping to 145.4144.
This high-to-low spread represents a total annual volatility of 761.0776 LBP. From a start-to-finish perspective, comparing the January average rate of 148.6148 to the December average rate of 850.6845, the exchange rate registered a net change of 472.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 906.4920 was up 487.65% compared to the 2023 peak of 154.2559, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CVE 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 666.6917, compared to 878.8103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 212.1186 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 735.4378 LBP (High: 880.8522 / Low: 145.4144). On the other end, January was the most stable month, with a tight range of 3.6379 LBP (High: 150.9791 / Low: 147.3412).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 21.1234 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 901.2714) against the same month in 2023 (average: 145.7696), the exchange rate shifted by +755.5018 (+518.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 150.9791 | 147.3412 | 148.6148 |
| February | 880.8522 | 145.4144 | 348.7222 |
| March | 890.4107 | 875.9405 | 881.7507 |
| April | 881.5040 | 862.2415 | 871.4959 |
| May | 882.8694 | 861.8899 | 876.2634 |
| June | 884.8449 | 865.6356 | 873.3029 |
| July | 887.9252 | 868.9956 | 880.3546 |
| August | 905.7153 | 873.2326 | 892.0804 |
| September | 906.4920 | 894.9674 | 901.2714 |
| October | 899.9112 | 875.1313 | 884.7972 |
| November | 884.6899 | 845.3582 | 863.6738 |
| December | 859.8099 | 842.4862 | 850.6845 |