YEARLY HIGH
0.0050 AFN
YEARLY LOW
0.0007 AFN
YEARLY AVERAGE
0.0014 AFN

2024 LBP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0050. Conversely, the yearly low was recorded on October 17, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0043 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0008, the exchange rate registered a net change of -83.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0050 was down 91.65% compared to the 2023 peak of 0.0600, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25 AFN
2023 Average 54 AFN
Yearly Trough Low 4 AFN
Transaction Impact: A difference of 21.40 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0052
0.0003
JanuMarcMayJulySeptNove

LBP to AFN 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 0.0020, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0020
H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0042 AFN (High: 0.0050 / Low: 0.0008). On the other end, November was the most stable month, with a tight range of 0.0000 AFN (High: 0.0008 / Low: 0.0007).

February Spread (Volatile) ±0.0042
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0038) against the same month in 2023 (average: 0.0155), the exchange rate shifted by -0.0117 (-75.77%).

2024 Avg (February) 0.0038
2023 Avg (February) 0.0155

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0049 0.0047 0.0048
February 0.0050 0.0008 0.0038
March 0.0008 0.0008 0.0008
April 0.0008 0.0008 0.0008
May 0.0008 0.0008 0.0008
June 0.0008 0.0008 0.0008
July 0.0008 0.0008 0.0008
August 0.0008 0.0008 0.0008
September 0.0008 0.0008 0.0008
October 0.0008 0.0007 0.0007
November 0.0008 0.0007 0.0008
December 0.0008 0.0008 0.0008