YEARLY HIGH
10858.8751 LBP
YEARLY LOW
1763.0853 LBP
YEARLY AVERAGE
9361.1981 LBP

2024 SBD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 10858.8751. Conversely, the yearly low was recorded on February 21, dropping to 1763.0853.

This high-to-low spread represents a total annual volatility of 9095.7897 LBP. From a start-to-finish perspective, comparing the January average rate of 1784.9336 to the December average rate of 10683.7877, the exchange rate registered a net change of 498.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10858.8751 was up 480.26% compared to the 2023 peak of 1871.3891, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,294,375 LBP
2023 Average 8,217,343 LBP
Yearly Trough Low 8,815,427 LBP
Transaction Impact: A difference of 45,478,948.59 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11688.8906
884.5739
JanuMarcMayJulySeptNove

SBD 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 8042.5307, compared to 10679.8655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2637.3348 points.

H1 Avg (Jan–Jun) 8042.5307
H2 Avg (Jul–Dec) 10679.8655

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 8828.0672 LBP (High: 10591.1525 / Low: 1763.0853). On the other end, January was the most stable month, with a tight range of 26.1051 LBP (High: 1801.0689 / Low: 1774.9638).

February Spread (Volatile) ±8828.0672
January Spread (Stable) ±26.1051

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 October and November, when the average rate fell by 71.4917 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -71.4917

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 10788.5309) against the same month in 2023 (average: 1781.0904), the exchange rate shifted by +9007.4405 (+505.73%).

2024 Avg (October) 10788.5309
2023 Avg (October) 1781.0904

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1801.0689 1774.9638 1784.9336
February 10591.1525 1763.0853 4199.8539
March 10659.3270 10231.0245 10577.2490
April 10611.7921 10471.5407 10558.3245
May 10577.4160 10481.6255 10550.1614
June 10635.1905 10540.6646 10584.6617
July 10658.6428 10549.4071 10595.8141
August 10659.5891 10472.5566 10554.1390
September 10805.0172 10565.8989 10739.8819
October 10858.8751 10724.6217 10788.5309
November 10796.4472 10655.7692 10717.0392
December 10740.3265 10637.3009 10683.7877