2024 NOK to LBP Historical Review

YEARLY HIGH

8618.3640 LBP

YEARLY LOW

1407.0776 LBP

YEARLY AVERAGE

7308.4155 LBP

2024 NOK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 8618.3640. Conversely, the yearly low was recorded on February 5, dropping to 1407.0776.

This high-to-low spread represents a total annual volatility of 7211.2863 LBP. From a start-to-finish perspective, comparing the January average rate of 1445.3570 to the December average rate of 7971.7576, the exchange rate registered a net change of 451.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 8618.3640 was up 467.95% compared to the 2023 peak of 1517.4502, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43,091,820 LBP

2023 Average 6,468,733 LBP

Yearly Trough Low 7,035,388 LBP

Transaction Impact: A difference of 36,056,431.64 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9143.5494

745.5214

JanuMarcMayJulySeptNove

NOK 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 6372.5705, compared to 8244.2606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1871.6901 points.

H1 Avg (Jan–Jun) 6372.5705

H2 Avg (Jul–Dec) 8244.2606

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 7119.8166 LBP (High: 8526.8942 / Low: 1407.0776). On the other end, January was the most stable month, with a tight range of 50.8807 LBP (High: 1479.8057 / Low: 1428.9250).

February Spread (Volatile) ±7119.8166

January Spread (Stable) ±50.8807

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 227.7470 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -227.7470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 8443.7137) against the same month in 2023 (average: 1403.1130), the exchange rate shifted by +7040.6008 (+501.78%).

2024 Avg (September) 8443.7137

2023 Avg (September) 1403.1130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1479.8057	1428.9250	1445.3570
February	8526.8942	1407.0776	3373.5096
March	8603.2544	8250.7443	8435.6262
April	8392.4820	8058.8901	8207.8792
May	8542.5599	8117.8694	8335.7086
June	8565.3707	8362.9715	8437.3421
July	8486.9707	8118.6448	8294.0439
August	8561.6710	8111.2838	8366.4090
September	8618.3640	8247.1724	8443.7137
October	8467.0619	8143.8136	8280.0074
November	8235.2741	8020.4154	8109.6317
December	8118.0745	7828.3308	7971.7576