YEARLY HIGH
0.2901 KZT
YEARLY LOW
0.2729 KZT
YEARLY AVERAGE
0.2808 KZT

2021 LBP to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LBP to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2901. Conversely, the yearly low was recorded on February 23, dropping to 0.2729.

This high-to-low spread represents a total annual volatility of 0.0171 KZT. From a start-to-finish perspective, comparing the January average rate of 0.2775 to the December average rate of 0.2875, the exchange rate registered a net change of 3.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2901 was down 39.75% compared to the 2020 peak of 0.4814, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,450 KZT
2020 Average 1,373 KZT
Yearly Trough Low 1,365 KZT
Transaction Impact: A difference of 85.65 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2886
0.2753
JanuMarcMayJulySeptNove

LBP to KZT 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 0.2794, compared to 0.2822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.2794
H2 Avg (Jul–Dec) 0.2822

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0093 KZT (High: 0.2895 / Low: 0.2801). On the other end, June was the most stable month, with a tight range of 0.0035 KZT (High: 0.2823 / Low: 0.2788).

November Spread (Volatile) ±0.0093
June Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2875) against the same month in 2020 (average: 0.2779), the exchange rate shifted by +0.0096 (+3.46%).

2021 Avg (December) 0.2875
2020 Avg (December) 0.2779

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2803 0.2744 0.2775
February 0.2796 0.2729 0.2764
March 0.2811 0.2732 0.2767
April 0.2878 0.2804 0.2838
May 0.2841 0.2793 0.2814
June 0.2823 0.2788 0.2808
July 0.2835 0.2776 0.2808
August 0.2830 0.2781 0.2812
September 0.2822 0.2776 0.2804
October 0.2815 0.2776 0.2799
November 0.2895 0.2801 0.2833
December 0.2901 0.2843 0.2875