2024 ETB to LBP Historical Review

YEARLY HIGH

1587.6106 LBP

YEARLY LOW

264.5238 LBP

YEARLY AVERAGE

1045.4013 LBP

2024 ETB to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1587.6106. Conversely, the yearly low was recorded on February 14, dropping to 264.5238.

This high-to-low spread represents a total annual volatility of 1323.0869 LBP. From a start-to-finish perspective, comparing the January average rate of 266.3805 to the December average rate of 706.9298, the exchange rate registered a net change of 165.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1587.6106 was up 452.55% compared to the 2023 peak of 287.3226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,938,053 LBP

2023 Average 1,251,770 LBP

Yearly Trough Low 1,322,619 LBP

Transaction Impact: A difference of 6,615,434.27 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1709.5480

135.1834

JanuMarcMayJulySeptNove

ETB 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 1194.1678, compared to 896.6349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 297.5328 points.

H1 Avg (Jan–Jun) 1194.1678

H2 Avg (Jul–Dec) 896.6349

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1316.8839 LBP (High: 1581.4077 / Low: 264.5238). On the other end, January was the most stable month, with a tight range of 2.8586 LBP (High: 268.1617 / Low: 265.3031).

February Spread (Volatile) ±1316.8839

January Spread (Stable) ±2.8586

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 July and August, when the average rate fell by 659.6509 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -659.6509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 1578.3509) against the same month in 2023 (average: 280.4615), the exchange rate shifted by +1297.8894 (+462.77%).

2024 Avg (March) 1578.3509

2023 Avg (March) 280.4615

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	268.1617	265.3031	266.3805
February	1581.4077	264.5238	628.0084
March	1587.6106	1571.3918	1578.3509
April	1579.6415	1560.6826	1573.2355
May	1572.8496	1553.6128	1561.4956
June	1572.0452	1550.6397	1557.5356
July	1562.3733	1189.5604	1540.3904
August	1136.3464	794.5627	880.7396
September	811.5991	747.2137	776.2212
October	756.3809	733.9933	744.6037
November	745.5038	708.3712	730.9249
December	720.2792	700.1034	706.9298