YEARLY HIGH
11583.2511 LBP
YEARLY LOW
1916.3670 LBP
YEARLY AVERAGE
10106.8285 LBP

2024 HKD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 11583.2511. Conversely, the yearly low was recorded on February 14, dropping to 1916.3670.

This high-to-low spread represents a total annual volatility of 9666.8841 LBP. From a start-to-finish perspective, comparing the January average rate of 1922.8855 to the December average rate of 11516.0941, the exchange rate registered a net change of 498.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11583.2511 was up 490.13% compared to the 2023 peak of 1962.8420, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 289,581,277 LBP
2023 Average 43,838,211 LBP
Yearly Trough Low 47,909,175 LBP
Transaction Impact: A difference of 241,672,101.39 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12496.1609
961.6786
JanuMarcMayJulySeptNove

HKD 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 8712.7509, compared to 11500.9061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2788.1552 points.

H1 Avg (Jan–Jun) 8712.7509
H2 Avg (Jul–Dec) 11500.9061

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 9545.2624 LBP (High: 11461.6294 / Low: 1916.3670). On the other end, January was the most stable month, with a tight range of 11.0794 LBP (High: 1929.7393 / Low: 1918.6599).

February Spread (Volatile) ±9545.2624
January Spread (Stable) ±11.0794

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 18.3007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -18.3007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 11516.6533) against the same month in 2023 (average: 1922.1002), the exchange rate shifted by +9594.5531 (+499.17%).

2024 Avg (November) 11516.6533
2023 Avg (November) 1922.1002

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1929.7393 1918.6599 1922.8855
February 11461.6294 1916.3670 4548.5702
March 11483.5923 11394.8972 11445.3227
April 11468.3794 11398.0254 11431.8369
May 11507.0176 11417.1034 11460.4455
June 11538.8675 11437.9941 11467.4444
July 11483.9777 11411.1920 11463.7766
August 11525.8414 11391.7800 11477.3749
September 11528.0449 11475.2395 11496.5836
October 11575.4194 11517.8677 11534.9540
November 11583.2511 11487.8964 11516.6533
December 11550.7689 11469.9709 11516.0941