2024 ARS to BOB Historical Review

YEARLY HIGH

0.0085 BOB

YEARLY LOW

0.0067 BOB

YEARLY AVERAGE

0.0076 BOB

2024 ARS to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0085. Conversely, the yearly low was recorded on December 31, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0018 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0084 to the December average rate of 0.0068, the exchange rate registered a net change of -19.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0085 was down 78.14% compared to the 2023 peak of 0.0391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43 BOB

2023 Average 132 BOB

Yearly Trough Low 34 BOB

Transaction Impact: A difference of 9.21 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0086

0.0066

JanuMarcMayJulySeptNove

ARS to BOB 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 0.0080, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0080

H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0002 BOB (High: 0.0085 / Low: 0.0083). On the other end, September was the most stable month, with a tight range of 0.0001 BOB (High: 0.0073 / Low: 0.0071).

January Spread (Volatile) ±0.0002

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0084) against the same month in 2023 (average: 0.0380), the exchange rate shifted by -0.0295 (-77.75%).

2024 Avg (January) 0.0084

2023 Avg (January) 0.0380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0085	0.0083	0.0084
February	0.0084	0.0082	0.0083
March	0.0082	0.0080	0.0081
April	0.0081	0.0079	0.0080
May	0.0079	0.0077	0.0078
June	0.0077	0.0076	0.0076
July	0.0076	0.0074	0.0075
August	0.0074	0.0073	0.0073
September	0.0073	0.0071	0.0072
October	0.0071	0.0070	0.0071
November	0.0070	0.0068	0.0069
December	0.0068	0.0067	0.0068