2023 ZAR to LBP Historical Review

YEARLY HIGH

872.2062 LBP

YEARLY LOW

86.3682 LBP

YEARLY AVERAGE

739.7613 LBP

2023 ZAR to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 872.2062. Conversely, the yearly low was recorded on February 3, dropping to 86.3682.

This high-to-low spread represents a total annual volatility of 785.8380 LBP. From a start-to-finish perspective, comparing the January average rate of 88.7753 to the December average rate of 809.4464, the exchange rate registered a net change of 811.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 872.2062 was up 734.63% compared to the 2022 peak of 104.5026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 43,610,311 LBP

2022 Average 4,647,934 LBP

Yearly Trough Low 4,318,410 LBP

Transaction Impact: A difference of 39,291,900.59 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

905.3371

14.5425

JanuMarcMayJulySeptNove

ZAR 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 674.2697, compared to 805.2530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 130.9834 points.

H1 Avg (Jan–Jun) 674.2697

H2 Avg (Jul–Dec) 805.2530

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 785.8380 LBP (High: 872.2062 / Low: 86.3682). On the other end, January was the most stable month, with a tight range of 4.0762 LBP (High: 90.9504 / Low: 86.8742).

February Spread (Volatile) ±785.8380

January Spread (Stable) ±4.0762

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 40.7249 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -40.7249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 702.6251) against the same month in 2022 (average: 99.3979), the exchange rate shifted by +603.2272 (+606.88%).

2023 Avg (February) 702.6251

2022 Avg (February) 99.3979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	90.9504	86.8742	88.7753
February	872.2062	86.3682	702.6251
March	849.2780	787.9168	825.2372
April	853.4720	810.5614	831.1042
May	834.6725	761.2109	790.3793
June	838.4354	764.5106	807.4969
July	860.9490	791.1878	827.6513
August	826.6419	788.7617	801.8687
September	802.8497	782.9832	793.7115
October	805.8541	768.1016	789.2704
November	826.7071	795.3872	809.5699
December	824.8656	788.1441	809.4464