2024 SGD to LBP Historical Review

YEARLY HIGH

70005.4692 LBP

YEARLY LOW

11117.4740 LBP

YEARLY AVERAGE

59026.7687 LBP

2024 SGD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 70005.4692. Conversely, the yearly low was recorded on February 14, dropping to 11117.4740.

This high-to-low spread represents a total annual volatility of 58887.9952 LBP. From a start-to-finish perspective, comparing the January average rate of 11251.6515 to the December average rate of 66262.2034, the exchange rate registered a net change of 488.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 70005.4692 was up 503.47% compared to the 2023 peak of 11600.4477, 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 350,027,346 LBP

2023 Average 51,051,839 LBP

Yearly Trough Low 55,587,370 LBP

Transaction Impact: A difference of 294,439,975.87 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

74924.7003

5463.1925

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 50487.2982, compared to 67566.2392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17078.9410 points.

H1 Avg (Jan–Jun) 50487.2982

H2 Avg (Jul–Dec) 67566.2392

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 55636.0629 LBP (High: 66753.5369 / Low: 11117.4740). On the other end, January was the most stable month, with a tight range of 244.1706 LBP (High: 11419.2607 / Low: 11175.0901).

February Spread (Volatile) ±55636.0629

January Spread (Stable) ±244.1706

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 1327.0856 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1327.0856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 69136.2413) against the same month in 2023 (average: 11041.4472), the exchange rate shifted by +58094.7941 (+526.15%).

2024 Avg (September) 69136.2413

2023 Avg (September) 11041.4472

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11419.2607	11175.0901	11251.6515
February	66753.5369	11117.4740	26467.2872
March	67306.6412	66098.2601	66757.7075
April	66604.8337	65623.7690	65954.6808
May	66542.2842	65840.6295	66271.4123
June	66639.6222	65938.6931	66221.0499
July	67144.0616	65951.0614	66528.4449
August	68875.9372	66995.7578	68030.6979
September	70005.4692	68512.5609	69136.2413
October	69495.9559	67692.5783	68383.4668
November	68180.0985	66392.5456	67056.3812
December	66941.2053	65522.3432	66262.2034