2024 GMD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 GMD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the GMD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 1332.5901. Conversely, the yearly low was recorded on February 14, dropping to 221.1516.
This high-to-low spread represents a total annual volatility of 1111.4385 LBP. From a start-to-finish perspective, comparing the January average rate of 223.3617 to the December average rate of 1246.6494, the exchange rate registered a net change of 458.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1332.5901 was up 418.84% compared to the 2023 peak of 256.8421, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
GMD 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 1004.8510, compared to 1281.4720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 276.6210 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 1111.4385 LBP (High: 1332.5901 / Low: 221.1516). On the other end, January was the most stable month, with a tight range of 1.0559 LBP (High: 223.9777 / Low: 222.9218).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 38.4831 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 526.4618) against the same month in 2023 (average: 207.4773), the exchange rate shifted by +318.9845 (+153.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 223.9777 | 222.9218 | 223.3617 |
| February | 1332.5901 | 221.1516 | 526.4618 |
| March | 1321.9910 | 1313.1067 | 1318.1406 |
| April | 1322.1217 | 1314.4416 | 1318.5329 |
| May | 1325.4810 | 1313.3568 | 1320.8950 |
| June | 1329.9194 | 1318.6277 | 1321.7142 |
| July | 1323.0835 | 1290.9726 | 1319.9330 |
| August | 1298.3481 | 1261.2139 | 1281.4499 |
| September | 1308.9908 | 1261.3376 | 1287.7515 |
| October | 1326.8257 | 1270.5502 | 1293.7140 |
| November | 1270.3303 | 1251.0173 | 1259.3342 |
| December | 1262.0251 | 1238.6463 | 1246.6494 |