2023 SGD to LBP Historical Review

YEARLY HIGH

11600.4477 LBP

YEARLY LOW

1127.7104 LBP

YEARLY AVERAGE

10215.0079 LBP

2023 SGD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 11600.4477. Conversely, the yearly low was recorded on January 2, dropping to 1127.7104.

This high-to-low spread represents a total annual volatility of 10472.7373 LBP. From a start-to-finish perspective, comparing the January average rate of 1144.4186 to the December average rate of 11304.7051, the exchange rate registered a net change of 887.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11600.4477 was up 921.44% compared to the 2022 peak of 1135.6974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,002,239 LBP

2022 Average 5,498,556 LBP

Yearly Trough Low 5,638,552 LBP

Transaction Impact: A difference of 52,363,686.49 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12352.3396

125.5167

JanuMarcMayJulySeptNove

SGD 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 9283.1620, compared to 11146.8538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1863.6918 points.

H1 Avg (Jan–Jun) 9283.1620

H2 Avg (Jul–Dec) 11146.8538

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 10460.6737 LBP (High: 11600.4477 / Low: 1139.7740). On the other end, January was the most stable month, with a tight range of 28.1637 LBP (High: 1155.8741 / Low: 1127.7104).

February Spread (Volatile) ±10460.6737

January Spread (Stable) ±28.1637

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 138.7857 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -138.7857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 9487.0757) against the same month in 2022 (average: 1123.7581), the exchange rate shifted by +8363.3176 (+744.23%).

2023 Avg (February) 9487.0757

2022 Avg (February) 1123.7581

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1155.8741	1127.7104	1144.4186
February	11600.4477	1139.7740	9487.0757
March	11411.2902	11032.3179	11242.7864
April	11473.5299	11147.2734	11333.4377
May	11506.4727	11083.0008	11258.8440
June	11377.2008	11085.1278	11232.4093
July	11461.0448	11025.2185	11285.5646
August	11382.8748	11064.3122	11146.7789
September	11137.7467	10951.1913	11041.4472
October	11024.9190	10922.3629	10972.4423
November	11289.0325	10991.3279	11130.1847
December	11425.9842	11190.6026	11304.7051