YEARLY HIGH
24781.3403 LBP
YEARLY LOW
4110.9053 LBP
YEARLY AVERAGE
21643.5656 LBP

2024 QAR to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 24781.3403. Conversely, the yearly low was recorded on January 11, dropping to 4110.9053.

This high-to-low spread represents a total annual volatility of 20670.4350 LBP. From a start-to-finish perspective, comparing the January average rate of 4125.6059 to the December average rate of 24574.9442, the exchange rate registered a net change of 495.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 24781.3403 was up 485.77% compared to the 2023 peak of 4230.5472, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123,906,702 LBP
2023 Average 18,843,380 LBP
Yearly Trough Low 20,554,527 LBP
Transaction Impact: A difference of 103,352,174.97 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

26644.7827
2078.4080
JanuMarcMayJulySeptNove

QAR 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 18701.7040, compared to 24585.4272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5883.7232 points.

H1 Avg (Jan–Jun) 18701.7040
H2 Avg (Jul–Dec) 24585.4272

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 20510.0894 LBP (High: 24625.7382 / Low: 4115.6489). On the other end, January was the most stable month, with a tight range of 21.9219 LBP (High: 4132.8272 / Low: 4110.9053).

February Spread (Volatile) ±20510.0894
January Spread (Stable) ±21.9219

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 November and December, when the average rate fell by 22.6406 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -22.6406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 24594.1579) against the same month in 2023 (average: 4132.5012), the exchange rate shifted by +20461.6567 (+495.14%).

2024 Avg (August) 24594.1579
2023 Avg (August) 4132.5012

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4132.8272 4110.9053 4125.6059
February 24625.7382 4115.6489 9769.2095
March 24654.9475 24515.5683 24588.2598
April 24625.7382 24483.2605 24576.4549
May 24653.1293 24460.6524 24571.6505
June 24671.3202 24390.3017 24579.0433
July 24631.8426 24495.0705 24569.4954
August 24781.3403 24496.3835 24594.1579
September 24643.2642 24560.4955 24588.7594
October 24640.7609 24548.0406 24587.6217
November 24734.0549 24560.1197 24597.5848
December 24621.8339 24535.9734 24574.9442