YEARLY HIGH
58.8212 AMD
YEARLY LOW
55.6559 AMD
YEARLY AVERAGE
56.8294 AMD

2024 BOB to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 58.8212. Conversely, the yearly low was recorded on August 3, dropping to 55.6559.

This high-to-low spread represents a total annual volatility of 3.1653 AMD. From a start-to-finish perspective, comparing the January average rate of 58.5783 to the December average rate of 57.4084, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 58.8212 was down 5.28% compared to the 2023 peak of 62.0993, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 294,106 AMD
2023 Average 284,078 AMD
Yearly Trough Low 278,279 AMD
Transaction Impact: A difference of 15,826.65 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

58.9995
55.6901
JanuMarcMayJulySeptNove

BOB to AMD 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 57.3442, compared to 56.3146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0296 points.

H1 Avg (Jan–Jun) 57.3442
H2 Avg (Jul–Dec) 56.3146

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.6672 AMD (High: 58.5260 / Low: 56.8587). On the other end, July was the most stable month, with a tight range of 0.1614 AMD (High: 56.2326 / Low: 56.0713).

March Spread (Volatile) ±1.6672
July Spread (Stable) ±0.1614

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 1.4343 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 58.7237) against the same month in 2023 (average: 57.0213), the exchange rate shifted by +1.7024 (+2.99%).

2024 Avg (February) 58.7237
2023 Avg (February) 57.0213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.7257 58.3086 58.5783
February 58.8212 58.5775 58.7237
March 58.5260 56.8587 57.9686
April 57.4210 55.8666 56.5343
May 56.2080 55.8732 56.1073
June 56.4739 56.0289 56.1528
July 56.2326 56.0713 56.1617
August 56.2346 55.6559 56.1172
September 56.1218 55.7842 56.0188
October 56.0599 55.7591 55.9659
November 57.3093 55.8047 56.2156
December 58.2744 56.6725 57.4084