2024 SEK to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SEK to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SEK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 8884.4682. Conversely, the yearly low was recorded on February 5, dropping to 1418.8145.
This high-to-low spread represents a total annual volatility of 7465.6538 LBP. From a start-to-finish perspective, comparing the January average rate of 1452.8698 to the December average rate of 8142.4470, the exchange rate registered a net change of 460.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 8884.4682 was up 487.10% compared to the 2023 peak of 1513.2783, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SEK 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 6433.1363, compared to 8454.0453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2020.9090 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 7294.0348 LBP (High: 8712.8492 / Low: 1418.8145). On the other end, January was the most stable month, with a tight range of 61.4871 LBP (High: 1496.0286 / Low: 1434.5416).
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 324.7120 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 8763.0639) against the same month in 2023 (average: 1357.1606), the exchange rate shifted by +7405.9033 (+545.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1496.0286 | 1434.5416 | 1452.8698 |
| February | 8712.8492 | 1418.8145 | 3431.0081 |
| March | 8766.0268 | 8378.8951 | 8589.7320 |
| April | 8488.5581 | 8132.1297 | 8273.4237 |
| May | 8504.1927 | 8201.8197 | 8329.1697 |
| June | 8622.7545 | 8402.7733 | 8522.6143 |
| July | 8638.4539 | 8264.4090 | 8421.0106 |
| August | 8822.8010 | 8344.4372 | 8611.2952 |
| September | 8884.4682 | 8618.6196 | 8763.0639 |
| October | 8722.5186 | 8391.6999 | 8555.5835 |
| November | 8455.2195 | 8089.5591 | 8230.8715 |
| December | 8256.3828 | 8024.9417 | 8142.4470 |