2024 IRR to LBP Historical Review

YEARLY HIGH

2.1410 LBP

YEARLY LOW

0.3565 LBP

YEARLY AVERAGE

1.8728 LBP

2024 IRR to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 2.1410. Conversely, the yearly low was recorded on February 14, dropping to 0.3565.

This high-to-low spread represents a total annual volatility of 1.7845 LBP. From a start-to-finish perspective, comparing the January average rate of 0.3574 to the December average rate of 2.1222, the exchange rate registered a net change of 493.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1410 was up 486.90% compared to the 2023 peak of 0.3648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,705 LBP

2023 Average 1,625 LBP

Yearly Trough Low 1,782 LBP

Transaction Impact: A difference of 8,922.48 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3071

0.1802

JanuMarcMayJulySeptNove

IRR 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 1.6192, compared to 2.1265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5073 points.

H1 Avg (Jan–Jun) 1.6192

H2 Avg (Jul–Dec) 2.1265

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1.7764 LBP (High: 2.1329 / Low: 0.3565). On the other end, January was the most stable month, with a tight range of 0.0018 LBP (High: 0.3583 / Low: 0.3565).

February Spread (Volatile) ±1.7764

January Spread (Stable) ±0.0018

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 November and December, when the average rate fell by 0.0064 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 2.1268) against the same month in 2023 (average: 0.3577), the exchange rate shifted by +1.7691 (+494.53%).

2024 Avg (June) 2.1268

2023 Avg (June) 0.3577

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3583	0.3565	0.3574
February	2.1329	0.3565	0.8465
March	2.1362	2.1211	2.1299
April	2.1320	2.1230	2.1278
May	2.1350	2.1179	2.1269
June	2.1410	2.1184	2.1268
July	2.1309	2.1181	2.1264
August	2.1344	2.1118	2.1257
September	2.1310	2.1162	2.1273
October	2.1352	2.1239	2.1287
November	2.1393	2.1240	2.1286
December	2.1304	2.1107	2.1222