2021 LBP to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 LBP to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the LBP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 28.0733. Conversely, the yearly low was recorded on July 7, dropping to 27.3368.
This high-to-low spread represents a total annual volatility of 0.7365 IRR. From a start-to-finish perspective, comparing the January average rate of 27.7642 to the December average rate of 27.8222, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 28.0733 was down 43.69% compared to the 2020 peak of 49.8540, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LBP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
LBP to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 27.7277, compared to 27.7669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0392 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was July, with a trading range of 0.5989 IRR (High: 27.9358 / Low: 27.3368). On the other end, February was the most stable month, with a tight range of 0.2148 IRR (High: 27.8577 / Low: 27.6429).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 0.0937 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 27.8222) against the same month in 2020 (average: 27.7954), the exchange rate shifted by +0.0268 (+0.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.8738 | 27.5532 | 27.7642 |
| February | 27.8577 | 27.6429 | 27.7786 |
| March | 27.8768 | 27.4881 | 27.6951 |
| April | 27.9536 | 27.6104 | 27.7793 |
| May | 28.0194 | 27.5314 | 27.6856 |
| June | 27.8694 | 27.4453 | 27.6635 |
| July | 27.9358 | 27.3368 | 27.7123 |
| August | 27.9438 | 27.6399 | 27.8405 |
| September | 27.9389 | 27.5251 | 27.7841 |
| October | 27.9684 | 27.5180 | 27.7286 |
| November | 27.9678 | 27.5535 | 27.7137 |
| December | 28.0733 | 27.5766 | 27.8222 |