YEARLY HIGH
8884.4682 LBP
YEARLY LOW
1418.8145 LBP
YEARLY AVERAGE
7443.5908 LBP

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.

Transfer Payout Power Comparison

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

Yearly Peak High 44,422,341 LBP
2023 Average 6,461,434 LBP
Yearly Trough Low 7,094,072 LBP
Transaction Impact: A difference of 37,328,268.94 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9494.0833
721.8504
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 6433.1363
H2 Avg (Jul–Dec) 8454.0453

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±7294.0348
January Spread (Stable) ±61.4871

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 324.7120 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -324.7120

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (September) 8763.0639
2023 Avg (September) 1357.1606

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