YEARLY HIGH
1544.8440 LBP
YEARLY LOW
254.9161 LBP
YEARLY AVERAGE
1324.2438 LBP

2024 DOP to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 1544.8440. Conversely, the yearly low was recorded on January 30, dropping to 254.9161.

This high-to-low spread represents a total annual volatility of 1289.9279 LBP. From a start-to-finish perspective, comparing the January average rate of 256.5070 to the December average rate of 1474.9829, the exchange rate registered a net change of 475.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1544.8440 was up 450.36% compared to the 2023 peak of 280.6985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,724,220 LBP
2023 Average 1,227,783 LBP
Yearly Trough Low 1,274,580 LBP
Transaction Impact: A difference of 6,449,639.37 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1658.5204
129.0512
JanuMarcMayJulySeptNove

DOP 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 1156.3306, compared to 1492.1570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 335.8264 points.

H1 Avg (Jan–Jun) 1156.3306
H2 Avg (Jul–Dec) 1492.1570

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1271.3870 LBP (High: 1526.3488 / Low: 254.9618). On the other end, January was the most stable month, with a tight range of 4.4912 LBP (High: 259.4073 / Low: 254.9161).

February Spread (Volatile) ±1271.3870
January Spread (Stable) ±4.4912

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 May and June, when the average rate fell by 19.4299 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -19.4299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1531.0646) against the same month in 2023 (average: 276.6392), the exchange rate shifted by +1254.4254 (+453.45%).

2024 Avg (May) 1531.0646
2023 Avg (May) 276.6392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 259.4073 254.9161 256.5070
February 1526.3488 254.9618 606.0732
March 1529.1738 1509.0592 1517.4813
April 1531.4330 1504.6776 1515.2227
May 1544.8440 1511.3924 1531.0646
June 1518.7720 1499.3398 1511.6347
July 1517.5780 1509.7792 1513.6084
August 1519.1369 1493.7448 1501.4181
September 1501.5168 1482.8300 1492.6834
October 1489.4762 1479.3186 1485.4806
November 1489.0535 1480.9484 1484.7689
December 1483.2779 1465.6045 1474.9829