YEARLY HIGH
10.4554 LBP
YEARLY LOW
1.7360 LBP
YEARLY AVERAGE
9.1533 LBP

2024 GNF to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 10.4554. Conversely, the yearly low was recorded on February 3, dropping to 1.7360.

This high-to-low spread represents a total annual volatility of 8.7194 LBP. From a start-to-finish perspective, comparing the January average rate of 1.7487 to the December average rate of 10.3726, the exchange rate registered a net change of 493.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.4554 was up 486.73% compared to the 2023 peak of 1.7820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,277 LBP
2023 Average 7,969 LBP
Yearly Trough Low 8,680 LBP
Transaction Impact: A difference of 43,597.00 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.2877
0.8815
JanuMarcMayJulySeptNove

GNF 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 7.9257, compared to 10.3808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4551 points.

H1 Avg (Jan–Jun) 7.9257
H2 Avg (Jul–Dec) 10.3808

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 8.6945 LBP (High: 10.4305 / Low: 1.7360). On the other end, January was the most stable month, with a tight range of 0.0093 LBP (High: 1.7533 / Low: 1.7439).

February Spread (Volatile) ±8.6945
January Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.0180 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 10.4205) against the same month in 2023 (average: 1.7553), the exchange rate shifted by +8.6652 (+493.67%).

2024 Avg (April) 10.4205
2023 Avg (April) 1.7553

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7533 1.7439 1.7487
February 10.4305 1.7360 4.1385
March 10.4459 10.3754 10.4202
April 10.4554 10.3884 10.4205
May 10.4402 10.3616 10.4172
June 10.4303 10.3922 10.4091
July 10.4188 10.3628 10.3996
August 10.4162 10.3643 10.3844
September 10.3964 10.3526 10.3665
October 10.3956 10.3203 10.3757
November 10.4193 10.3760 10.3862
December 10.3904 10.3599 10.3726