YEARLY HIGH
0.0894 KRW
YEARLY LOW
0.0146 KRW
YEARLY AVERAGE
0.0258 KRW

2024 LBP to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0894. Conversely, the yearly low was recorded on September 28, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0748 KRW. From a start-to-finish perspective, comparing the January average rate of 0.0881 to the December average rate of 0.0161, the exchange rate registered a net change of -81.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0894 was down 89.35% compared to the 2023 peak of 0.8399, 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 447 KRW
2023 Average 797 KRW
Yearly Trough Low 73 KRW
Transaction Impact: A difference of 374.00 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0955
0.0075
JanuMarcMayJulySeptNove

LBP to KRW 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 0.0362, compared to 0.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 0.0362
H2 Avg (Jul–Dec) 0.0154

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0744 KRW (High: 0.0892 / Low: 0.0148). On the other end, July was the most stable month, with a tight range of 0.0003 KRW (High: 0.0155 / Low: 0.0153).

February Spread (Volatile) ±0.0744
July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 0.0534 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0534

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0881) against the same month in 2023 (average: 0.8197), the exchange rate shifted by -0.7316 (-89.25%).

2024 Avg (January) 0.0881
2023 Avg (January) 0.8197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0894 0.0850 0.0881
February 0.0892 0.0148 0.0683
March 0.0151 0.0146 0.0149
April 0.0155 0.0150 0.0153
May 0.0154 0.0150 0.0152
June 0.0156 0.0153 0.0154
July 0.0155 0.0153 0.0154
August 0.0154 0.0148 0.0151
September 0.0150 0.0146 0.0148
October 0.0155 0.0148 0.0152
November 0.0157 0.0153 0.0156
December 0.0165 0.0156 0.0161