2024 SRD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SRD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SRD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 3123.2033. Conversely, the yearly low was recorded on January 11, dropping to 406.3091.
This high-to-low spread represents a total annual volatility of 2716.8942 LBP. From a start-to-finish perspective, comparing the January average rate of 409.6787 to the December average rate of 2541.9455, the exchange rate registered a net change of 520.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 3123.2033 was up 555.07% compared to the 2023 peak of 476.7754, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SRD 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 2022.5441, compared to 2831.4416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 808.8976 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 2129.7869 LBP (High: 2538.8276 / Low: 409.0408). On the other end, January was the most stable month, with a tight range of 6.7318 LBP (High: 413.0408 / Low: 406.3091).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 257.5107 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 3107.6215) against the same month in 2023 (average: 393.4741), the exchange rate shifted by +2714.1474 (+689.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 413.0408 | 406.3091 | 409.6787 |
| February | 2538.8276 | 409.0408 | 994.9328 |
| March | 2571.3762 | 2521.6854 | 2541.6882 |
| April | 2650.0303 | 2552.6250 | 2586.5398 |
| May | 2787.3875 | 2649.1753 | 2745.2081 |
| June | 2925.1330 | 2776.9344 | 2857.2169 |
| July | 3104.3215 | 2903.8377 | 3016.3621 |
| August | 3123.2033 | 3082.7437 | 3107.6215 |
| September | 3102.0190 | 2916.3018 | 3016.8057 |
| October | 2918.4012 | 2605.9931 | 2759.2950 |
| November | 2608.0478 | 2520.0355 | 2546.6202 |
| December | 2556.3371 | 2526.4100 | 2541.9455 |