2024 LBP to ZAR Historical Review

YEARLY HIGH

0.0013 ZAR

YEARLY LOW

0.0002 ZAR

YEARLY AVERAGE

0.0004 ZAR

2024 LBP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0013. Conversely, the yearly low was recorded on September 29, dropping to 0.0002.

This high-to-low spread represents a total annual volatility of 0.0011 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0012 to the December average rate of 0.0002, the exchange rate registered a net change of -83.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0013 was down 88.97% compared to the 2023 peak of 0.0116, 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 ZAR

2023 Average 11 ZAR

Yearly Trough Low 1 ZAR

Transaction Impact: A difference of 5.43 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0014

0.0001

JanuMarcMayJulySeptNove

LBP to ZAR 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 0.0005, compared to 0.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0005

H2 Avg (Jul–Dec) 0.0002

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0011 ZAR (High: 0.0013 / Low: 0.0002). On the other end, October was the most stable month, with a tight range of 0.0000 ZAR (High: 0.0002 / Low: 0.0002).

February Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, 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 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0012) against the same month in 2023 (average: 0.0113), the exchange rate shifted by -0.0100 (-88.93%).

2024 Avg (January) 0.0012

2023 Avg (January) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0013	0.0012	0.0012
February	0.0013	0.0002	0.0010
March	0.0002	0.0002	0.0002
April	0.0002	0.0002	0.0002
May	0.0002	0.0002	0.0002
June	0.0002	0.0002	0.0002
July	0.0002	0.0002	0.0002
August	0.0002	0.0002	0.0002
September	0.0002	0.0002	0.0002
October	0.0002	0.0002	0.0002
November	0.0002	0.0002	0.0002
December	0.0002	0.0002	0.0002