2024 LBP to ARS Historical Review

YEARLY HIGH

0.0558 ARS

YEARLY LOW

0.0093 ARS

YEARLY AVERAGE

0.0168 ARS

2024 LBP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.0558. Conversely, the yearly low was recorded on February 23, dropping to 0.0093.

This high-to-low spread represents a total annual volatility of 0.0465 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0544 to the December average rate of 0.0114, the exchange rate registered a net change of -79.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0558 was down 55.09% compared to the 2023 peak of 0.1243, 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 279 ARS

2023 Average 152 ARS

Yearly Trough Low 47 ARS

Transaction Impact: A difference of 232.44 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0589

0.0050

JanuMarcMayJulySeptNove

LBP to ARS 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 0.0227, compared to 0.0108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.0227

H2 Avg (Jul–Dec) 0.0108

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0465 ARS (High: 0.0558 / Low: 0.0093). On the other end, June was the most stable month, with a tight range of 0.0002 ARS (High: 0.0102 / Low: 0.0100).

February Spread (Volatile) ±0.0465

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0332 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0427) against the same month in 2023 (average: 0.0326), the exchange rate shifted by +0.0101 (+30.82%).

2024 Avg (February) 0.0427

2023 Avg (February) 0.0326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0550	0.0538	0.0544
February	0.0558	0.0093	0.0427
March	0.0096	0.0094	0.0095
April	0.0098	0.0096	0.0097
May	0.0100	0.0097	0.0099
June	0.0102	0.0100	0.0101
July	0.0104	0.0102	0.0103
August	0.0106	0.0104	0.0105
September	0.0108	0.0106	0.0107
October	0.0111	0.0108	0.0109
November	0.0113	0.0110	0.0112
December	0.0115	0.0113	0.0114