YEARLY HIGH
0.0055 INR
YEARLY LOW
0.0009 INR
YEARLY AVERAGE
0.0016 INR

2024 LBP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0055. Conversely, the yearly low was recorded on March 9, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0046 INR. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0009, the exchange rate registered a net change of -82.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0055 was down 89.85% compared to the 2023 peak of 0.0547, 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 28 INR
2023 Average 51 INR
Yearly Trough Low 5 INR
Transaction Impact: A difference of 23.13 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0060
0.0005
JanuMarcMayJulySeptNove

LBP to INR 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 0.0023, compared to 0.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0023
H2 Avg (Jul–Dec) 0.0009

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0046 INR (High: 0.0055 / Low: 0.0009). On the other end, October was the most stable month, with a tight range of 0.0000 INR (High: 0.0009 / Low: 0.0009).

February Spread (Volatile) ±0.0046
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0055) against the same month in 2023 (average: 0.0539), the exchange rate shifted by -0.0484 (-89.74%).

2024 Avg (January) 0.0055
2023 Avg (January) 0.0539

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0055 0.0055
February 0.0055 0.0009 0.0043
March 0.0009 0.0009 0.0009
April 0.0009 0.0009 0.0009
May 0.0009 0.0009 0.0009
June 0.0009 0.0009 0.0009
July 0.0009 0.0009 0.0009
August 0.0009 0.0009 0.0009
September 0.0009 0.0009 0.0009
October 0.0009 0.0009 0.0009
November 0.0009 0.0009 0.0009
December 0.0010 0.0009 0.0009