2024 LRD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LRD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LRD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 500.5588. Conversely, the yearly low was recorded on February 14, dropping to 78.6510.
This high-to-low spread represents a total annual volatility of 421.9078 LBP. From a start-to-finish perspective, comparing the January average rate of 79.4683 to the December average rate of 495.7702, the exchange rate registered a net change of 523.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 500.5588 was up 406.22% compared to the 2023 peak of 98.8816, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LRD to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 353.3098, compared to 470.0663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 116.7564 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 391.5824 LBP (High: 470.2334 / Low: 78.6510). On the other end, January was the most stable month, with a tight range of 0.8599 LBP (High: 79.9678 / Low: 79.1079).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.1607 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 495.7702) against the same month in 2023 (average: 79.9573), the exchange rate shifted by +415.8128 (+520.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 79.9678 | 79.1079 | 79.4683 |
| February | 470.2334 | 78.6510 | 186.6250 |
| March | 468.1226 | 462.8679 | 465.3032 |
| April | 476.3606 | 462.5488 | 464.4809 |
| May | 463.9099 | 460.3808 | 462.4936 |
| June | 463.5110 | 460.4981 | 461.4880 |
| July | 460.7391 | 458.2234 | 459.3273 |
| August | 460.5683 | 450.7006 | 457.6178 |
| September | 462.3919 | 447.7237 | 458.0214 |
| October | 466.7074 | 462.0250 | 465.0951 |
| November | 500.2101 | 466.1738 | 484.5657 |
| December | 500.5588 | 486.7032 | 495.7702 |