YEARLY HIGH
0.0006 SBD
YEARLY LOW
0.0001 SBD
YEARLY AVERAGE
0.0002 SBD

2024 LBP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.0006. Conversely, the yearly low was recorded on October 10, dropping to 0.0001.

This high-to-low spread represents a total annual volatility of 0.0005 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0001, the exchange rate registered a net change of -83.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0006 was down 89.70% compared to the 2023 peak of 0.0055, 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 3 SBD
2023 Average 5 SBD
Yearly Trough Low 0 SBD
Transaction Impact: A difference of 2.38 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0006
0.0000
JanuMarcMayJulySeptNove

LBP to SBD 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 0.0002, compared to 0.0001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0002
H2 Avg (Jul–Dec) 0.0001

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0005 SBD (High: 0.0006 / Low: 0.0001). On the other end, June was the most stable month, with a tight range of 0.0000 SBD (High: 0.0001 / Low: 0.0001).

February Spread (Volatile) ±0.0005
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0004) against the same month in 2023 (average: 0.0014), the exchange rate shifted by -0.0010 (-69.44%).

2024 Avg (February) 0.0004
2023 Avg (February) 0.0014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0006 0.0006 0.0006
February 0.0006 0.0001 0.0004
March 0.0001 0.0001 0.0001
April 0.0001 0.0001 0.0001
May 0.0001 0.0001 0.0001
June 0.0001 0.0001 0.0001
July 0.0001 0.0001 0.0001
August 0.0001 0.0001 0.0001
September 0.0001 0.0001 0.0001
October 0.0001 0.0001 0.0001
November 0.0001 0.0001 0.0001
December 0.0001 0.0001 0.0001