2024 LBP to GHS Historical Review

YEARLY HIGH

0.0008 GHS

YEARLY LOW

0.0001 GHS

YEARLY AVERAGE

0.0003 GHS

2024 LBP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.0008. Conversely, the yearly low was recorded on February 23, dropping to 0.0001.

This high-to-low spread represents a total annual volatility of 0.0007 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0002, the exchange rate registered a net change of -79.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0008 was down 89.88% compared to the 2023 peak of 0.0082, 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 4 GHS

2023 Average 7 GHS

Yearly Trough Low 1 GHS

Transaction Impact: A difference of 3.48 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0009

0.0001

JanuMarcMayJulySeptNove

LBP to GHS 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 0.0003, compared to 0.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0003

H2 Avg (Jul–Dec) 0.0002

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0007 GHS (High: 0.0008 / Low: 0.0001). On the other end, August was the most stable month, with a tight range of 0.0000 GHS (High: 0.0002 / Low: 0.0002).

February Spread (Volatile) ±0.0007

August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0006) against the same month in 2023 (average: 0.0021), the exchange rate shifted by -0.0015 (-70.11%).

2024 Avg (February) 0.0006

2023 Avg (February) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0008	0.0008	0.0008
February	0.0008	0.0001	0.0006
March	0.0001	0.0001	0.0001
April	0.0002	0.0001	0.0002
May	0.0002	0.0002	0.0002
June	0.0002	0.0002	0.0002
July	0.0002	0.0002	0.0002
August	0.0002	0.0002	0.0002
September	0.0002	0.0002	0.0002
October	0.0002	0.0002	0.0002
November	0.0002	0.0002	0.0002
December	0.0002	0.0002	0.0002