2024 RUB to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RUB to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RUB to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 1072.7610. Conversely, the yearly low was recorded on February 15, dropping to 162.4305.
This high-to-low spread represents a total annual volatility of 910.3305 LBP. From a start-to-finish perspective, comparing the January average rate of 168.2634 to the December average rate of 863.2691, the exchange rate registered a net change of 413.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1072.7610 was up 397.82% compared to the 2023 peak of 215.4939, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RUB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RUB 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 748.2543, compared to 949.3367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 201.0824 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 819.9923 LBP (High: 982.4228 / Low: 162.4305). On the other end, January was the most stable month, with a tight range of 7.7493 LBP (High: 171.1711 / Low: 163.4218).
Growth Streaks & Declines
TrendsBetween April and July, 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 September and October, when the average rate fell by 50.3621 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 1016.3607) against the same month in 2023 (average: 181.4089), the exchange rate shifted by +834.9519 (+460.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 171.1711 | 163.4218 | 168.2634 |
| February | 982.4228 | 162.4305 | 384.8336 |
| March | 987.5565 | 961.9963 | 974.8710 |
| April | 974.2086 | 949.4324 | 962.7014 |
| May | 1010.2295 | 957.9498 | 982.4954 |
| June | 1072.7610 | 989.7127 | 1016.3607 |
| July | 1053.8128 | 1006.3965 | 1025.2575 |
| August | 1054.8748 | 973.6883 | 1006.2366 |
| September | 1023.9568 | 949.9744 | 981.3586 |
| October | 948.5504 | 918.6880 | 930.9965 |
| November | 932.9774 | 791.7136 | 888.9018 |
| December | 906.1577 | 787.3669 | 863.2691 |