2023 DJF to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DJF to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DJF to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 86.6518. Conversely, the yearly low was recorded on February 5, dropping to 8.4760.
This high-to-low spread represents a total annual volatility of 78.1757 LBP. From a start-to-finish perspective, comparing the January average rate of 8.5283 to the December average rate of 84.5071, the exchange rate registered a net change of 890.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 86.6518 was up 886.39% compared to the 2022 peak of 8.7847, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DJF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
DJF 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 69.9028, compared to 84.5724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.6697 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 78.1757 LBP (High: 86.6518 / Low: 8.4760). On the other end, January was the most stable month, with a tight range of 0.0942 LBP (High: 8.5875 / Low: 8.4933).
Growth Streaks & Declines
TrendsBetween January and April, 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 June and July, when the average rate fell by 0.1728 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 71.2554) against the same month in 2022 (average: 8.5104), the exchange rate shifted by +62.7450 (+737.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.5875 | 8.4933 | 8.5283 |
| February | 86.6518 | 8.4760 | 71.2554 |
| March | 85.7404 | 84.2995 | 84.8568 |
| April | 86.2873 | 84.3006 | 84.9850 |
| May | 86.0039 | 84.1790 | 84.8201 |
| June | 86.2124 | 84.2821 | 84.9711 |
| July | 86.2764 | 84.2809 | 84.7982 |
| August | 85.3376 | 84.2984 | 84.6472 |
| September | 85.4213 | 83.9804 | 84.5628 |
| October | 84.8331 | 84.0923 | 84.4499 |
| November | 84.6896 | 84.2595 | 84.4694 |
| December | 84.8272 | 83.9944 | 84.5071 |