2024 LBP to GNF Historical Review

YEARLY HIGH

0.5760 GNF

YEARLY LOW

0.0956 GNF

YEARLY AVERAGE

0.1646 GNF

2024 LBP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.5760. Conversely, the yearly low was recorded on April 29, dropping to 0.0956.

This high-to-low spread represents a total annual volatility of 0.4804 GNF. From a start-to-finish perspective, comparing the January average rate of 0.5718 to the December average rate of 0.0964, the exchange rate registered a net change of -83.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5760 was down 90.08% compared to the 2023 peak of 5.8044, 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 2,880 GNF

2023 Average 5,396 GNF

Yearly Trough Low 478 GNF

Transaction Impact: A difference of 2,402.01 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6194

0.0484

JanuMarcMayJulySeptNove

LBP to GNF 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 0.2328, compared to 0.0963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1365 points.

H1 Avg (Jan–Jun) 0.2328

H2 Avg (Jul–Dec) 0.0963

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.4802 GNF (High: 0.5760 / Low: 0.0959). On the other end, December was the most stable month, with a tight range of 0.0003 GNF (High: 0.0965 / Low: 0.0962).

February Spread (Volatile) ±0.4802

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3450 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3450

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.4409) against the same month in 2023 (average: 1.4909), the exchange rate shifted by -1.0499 (-70.43%).

2024 Avg (February) 0.4409

2023 Avg (February) 1.4909

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5734	0.5704	0.5718
February	0.5760	0.0959	0.4409
March	0.0964	0.0957	0.0960
April	0.0963	0.0956	0.0960
May	0.0965	0.0958	0.0960
June	0.0962	0.0959	0.0961
July	0.0965	0.0960	0.0962
August	0.0965	0.0960	0.0963
September	0.0966	0.0962	0.0965
October	0.0969	0.0962	0.0964
November	0.0964	0.0960	0.0963
December	0.0965	0.0962	0.0964