2024 SAR to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 24032.7696. Conversely, the yearly low was recorded on February 14, dropping to 3995.0927.
This high-to-low spread represents a total annual volatility of 20037.6769 LBP. From a start-to-finish perspective, comparing the January average rate of 4007.8827 to the December average rate of 23830.5554, the exchange rate registered a net change of 494.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 24032.7696 was up 485.29% compared to the 2023 peak of 4106.1635, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SAR 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 18164.4075, compared to 23856.8053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5692.3978 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 19908.0427 LBP (High: 23903.1354 / Low: 3995.0927). On the other end, January was the most stable month, with a tight range of 22.8298 LBP (High: 4019.1839 / Low: 3996.3541).
Growth Streaks & Declines
TrendsBetween 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 26.9902 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 23877.8253) against the same month in 2023 (average: 4032.1581), the exchange rate shifted by +19845.6672 (+492.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4019.1839 | 3996.3541 | 4007.8827 |
| February | 23903.1354 | 3995.0927 | 9488.5656 |
| March | 23945.0758 | 23773.0813 | 23875.8205 |
| April | 23949.7307 | 23809.9105 | 23867.7820 |
| May | 23943.8892 | 23755.3327 | 23868.5689 |
| June | 24032.7696 | 23809.3718 | 23877.8253 |
| July | 23914.3871 | 23772.8413 | 23867.4459 |
| August | 23951.0387 | 23729.6600 | 23848.6203 |
| September | 23901.2587 | 23826.4494 | 23871.0205 |
| October | 23933.9947 | 23838.0091 | 23865.6443 |
| November | 23975.1795 | 23794.1422 | 23857.5456 |
| December | 23879.9312 | 23740.9846 | 23830.5554 |