2024 MVR to LBP Historical Review

YEARLY HIGH

6202.0062 LBP

YEARLY LOW

973.2420 LBP

YEARLY AVERAGE

5118.5820 LBP

2024 MVR to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 6202.0062. Conversely, the yearly low was recorded on January 7, dropping to 973.2420.

This high-to-low spread represents a total annual volatility of 5228.7643 LBP. From a start-to-finish perspective, comparing the January average rate of 975.9143 to the December average rate of 5809.9690, the exchange rate registered a net change of 495.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6202.0062 was up 518.25% compared to the 2023 peak of 1003.1535, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 31,010,031 LBP

2023 Average 4,466,334 LBP

Yearly Trough Low 4,866,210 LBP

Transaction Impact: A difference of 26,143,821.27 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6323.0813

489.8082

JanuMarcMayJulySeptNove

MVR to LBP 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 4417.3527, compared to 5819.8112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1402.4586 points.

H1 Avg (Jan–Jun) 4417.3527

H2 Avg (Jul–Dec) 5819.8112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 4847.0085 LBP (High: 5821.4286 / Low: 974.4201). On the other end, January was the most stable month, with a tight range of 5.4554 LBP (High: 978.6974 / Low: 973.2420).

February Spread (Volatile) ±4847.0085

January Spread (Stable) ±5.4554

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 32.2437 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -32.2437

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 5804.8785) against the same month in 2023 (average: 983.0814), the exchange rate shifted by +4821.7971 (+490.48%).

2024 Avg (May) 5804.8785

2023 Avg (May) 983.0814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	978.6974	973.2420	975.9143
February	5821.4286	974.4201	2310.7662
March	5829.0320	5763.8929	5801.6264
April	5807.8143	5780.9908	5793.0785
May	6202.0062	5762.2032	5804.8785
June	5869.6360	5791.9594	5817.8520
July	5841.3148	5783.0745	5815.2642
August	5846.9986	5788.7745	5818.7198
September	5845.3502	5820.8078	5833.2077
October	5856.8606	5828.7018	5836.9753
November	5845.5378	5782.2536	5804.7315
December	5823.1367	5784.9232	5809.9690