YEARLY HIGH
906.4920 LBP
YEARLY LOW
145.4144 LBP
YEARLY AVERAGE
772.7510 LBP

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.

Transfer Payout Power Comparison

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

Yearly Peak High 4,532,460 LBP
2023 Average 672,769 LBP
Yearly Trough Low 727,072 LBP
Transaction Impact: A difference of 3,805,387.83 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

976.5370
73.3491
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 666.6917
H2 Avg (Jul–Dec) 878.8103

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±735.4378
January Spread (Stable) ±3.6379

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -21.1234

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (September) 901.2714
2023 Avg (September) 145.7696

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