2024 SBD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 October and November, when the average rate fell by 71.4917 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |