2024 SYP to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SYP to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SYP to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 35.8743. Conversely, the yearly low was recorded on February 14, dropping to 5.9633.
This high-to-low spread represents a total annual volatility of 29.9110 LBP. From a start-to-finish perspective, comparing the January average rate of 5.9822 to the December average rate of 25.4353, the exchange rate registered a net change of 325.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 35.8743 was up 485.16% compared to the 2023 peak of 6.1306, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SYP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SYP 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 27.1150, compared to 33.9445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.8294 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 29.7178 LBP (High: 35.6812 / Low: 5.9633). On the other end, January was the most stable month, with a tight range of 0.0334 LBP (High: 5.9987 / Low: 5.9653).
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 November and December, when the average rate fell by 10.2261 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 35.6471) against the same month in 2023 (average: 6.0188), the exchange rate shifted by +29.6283 (+492.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.9987 | 5.9653 | 5.9822 |
| February | 35.6812 | 5.9633 | 14.1629 |
| March | 35.7394 | 35.4861 | 35.6387 |
| April | 35.7364 | 35.5484 | 35.6304 |
| May | 35.7414 | 35.4558 | 35.6291 |
| June | 35.8743 | 35.5566 | 35.6471 |
| July | 35.7101 | 35.4928 | 35.6330 |
| August | 35.7681 | 35.3889 | 35.6170 |
| September | 35.7115 | 35.5847 | 35.6500 |
| October | 35.7818 | 35.6330 | 35.6700 |
| November | 35.8406 | 35.5791 | 35.6615 |
| December | 35.6866 | 6.8588 | 25.4353 |