YEARLY HIGH
0.0062 RUB
YEARLY LOW
0.0009 RUB
YEARLY AVERAGE
0.0018 RUB

2024 LBP to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0062. Conversely, the yearly low was recorded on June 19, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0052 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0012, the exchange rate registered a net change of -80.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0062 was down 87.33% compared to the 2023 peak of 0.0486, 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 31 RUB
2023 Average 49 RUB
Yearly Trough Low 5 RUB
Transaction Impact: A difference of 26.12 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0064
0.0005
JanuMarcMayJulySeptNove

LBP to RUB 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 0.0025, compared to 0.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0051 RUB (High: 0.0062 / Low: 0.0010). On the other end, April was the most stable month, with a tight range of 0.0000 RUB (High: 0.0011 / Low: 0.0010).

February Spread (Volatile) ±0.0051
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and December, 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 0.0037 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0047) against the same month in 2023 (average: 0.0123), the exchange rate shifted by -0.0076 (-61.99%).

2024 Avg (February) 0.0047
2023 Avg (February) 0.0123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0061 0.0058 0.0059
February 0.0062 0.0010 0.0047
March 0.0010 0.0010 0.0010
April 0.0011 0.0010 0.0010
May 0.0010 0.0010 0.0010
June 0.0010 0.0009 0.0010
July 0.0010 0.0009 0.0010
August 0.0010 0.0009 0.0010
September 0.0011 0.0010 0.0010
October 0.0011 0.0011 0.0011
November 0.0013 0.0011 0.0011
December 0.0013 0.0011 0.0012