YEARLY HIGH
1.3996 SLL
YEARLY LOW
0.2326 SLL
YEARLY AVERAGE
0.4010 SLL

2024 LBP to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 1.3996. Conversely, the yearly low was recorded on June 9, dropping to 0.2326.

This high-to-low spread represents a total annual volatility of 1.1669 SLL. From a start-to-finish perspective, comparing the January average rate of 1.3951 to the December average rate of 0.2342, the exchange rate registered a net change of -83.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.3996 was down 88.06% compared to the 2023 peak of 11.7225, 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 6,998 SLL
2023 Average 11,505 SLL
Yearly Trough Low 1,163 SLL
Transaction Impact: A difference of 5,834.53 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.5113
0.1179
JanuMarcMayJulySeptNove

LBP to SLL 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 0.5678, compared to 0.2342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3336 points.

H1 Avg (Jan–Jun) 0.5678
H2 Avg (Jul–Dec) 0.2342

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1.1656 SLL (High: 1.3996 / Low: 0.2339). On the other end, September was the most stable month, with a tight range of 0.0008 SLL (High: 0.2345 / Low: 0.2337).

February Spread (Volatile) ±1.1656
September Spread (Stable) ±0.0008

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 0.8404 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.0746) against the same month in 2023 (average: 3.0440), the exchange rate shifted by -1.9695 (-64.70%).

2024 Avg (February) 1.0746
2023 Avg (February) 3.0440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3991 1.3913 1.3951
February 1.3996 0.2339 1.0746
March 0.2352 0.2335 0.2342
April 0.2348 0.2335 0.2342
May 0.2354 0.2335 0.2342
June 0.2347 0.2326 0.2341
July 0.2351 0.2337 0.2342
August 0.2358 0.2333 0.2343
September 0.2345 0.2337 0.2341
October 0.2342 0.2332 0.2340
November 0.2346 0.2329 0.2340
December 0.2351 0.2338 0.2342