2024 SOS to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SOS to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SOS to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 158.1277. Conversely, the yearly low was recorded on February 3, dropping to 26.1152.
This high-to-low spread represents a total annual volatility of 132.0125 LBP. From a start-to-finish perspective, comparing the January average rate of 26.3115 to the December average rate of 156.6900, the exchange rate registered a net change of 495.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 158.1277 was up 483.50% compared to the 2023 peak of 27.0996, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SOS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SOS 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 119.2534, compared to 156.7590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.5056 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 130.7527 LBP (High: 156.8679 / Low: 26.1152). On the other end, December was the most stable month, with a tight range of 0.0889 LBP (High: 156.7345 / Low: 156.6457).
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 August and September, when the average rate fell by 0.1113 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 156.8536) against the same month in 2023 (average: 26.4567), the exchange rate shifted by +130.3969 (+492.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.3480 | 26.2529 | 26.3115 |
| February | 156.8679 | 26.1152 | 62.2697 |
| March | 157.1152 | 156.1768 | 156.7397 |
| April | 156.8897 | 156.2081 | 156.6920 |
| May | 157.1298 | 156.1768 | 156.7572 |
| June | 157.1654 | 155.6738 | 156.7500 |
| July | 157.0844 | 156.2754 | 156.7408 |
| August | 158.1277 | 156.1713 | 156.8536 |
| September | 157.1673 | 155.9102 | 156.7423 |
| October | 157.0568 | 156.6737 | 156.7836 |
| November | 156.9716 | 156.6570 | 156.7438 |
| December | 156.7345 | 156.6457 | 156.6900 |