2024 ZAR to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ZAR to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ZAR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 5235.3258. Conversely, the yearly low was recorded on January 22, dropping to 783.0023.
This high-to-low spread represents a total annual volatility of 4452.3235 LBP. From a start-to-finish perspective, comparing the January average rate of 801.6603 to the December average rate of 4909.1325, the exchange rate registered a net change of 512.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 5235.3258 was up 500.24% compared to the 2023 peak of 872.2062, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3646.7026, compared to 4993.0482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1346.3457 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 3911.7532 LBP (High: 4697.2690 / Low: 785.5158). On the other end, January was the most stable month, with a tight range of 39.4303 LBP (High: 822.4326 / Low: 783.0023).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 110.3515 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 5092.0924) against the same month in 2023 (average: 793.7115), the exchange rate shifted by +4298.3809 (+541.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 822.4326 | 783.0023 | 801.6603 |
| February | 4697.2690 | 785.5158 | 1858.9238 |
| March | 4824.4526 | 4678.2933 | 4748.8689 |
| April | 4854.2870 | 4630.2704 | 4740.7998 |
| May | 4957.5308 | 4764.4865 | 4862.8288 |
| June | 4994.6561 | 4715.6006 | 4867.1338 |
| July | 4981.5350 | 4813.3875 | 4911.6742 |
| August | 5057.6540 | 4781.0679 | 4954.8684 |
| September | 5235.3258 | 4987.0553 | 5092.0924 |
| October | 5169.1929 | 5034.6932 | 5100.4367 |
| November | 5174.0812 | 4900.6629 | 4990.0852 |
| December | 5053.8750 | 4738.6509 | 4909.1325 |