2024 BOB to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BOB to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BOB to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 149.1832. Conversely, the yearly low was recorded on January 1, dropping to 117.0172.
This high-to-low spread represents a total annual volatility of 32.1660 ARS. From a start-to-finish perspective, comparing the January average rate of 118.3536 to the December average rate of 147.5931, the exchange rate registered a net change of 24.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 149.1832 was up 27.38% compared to the 2023 peak of 117.1154, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BOB to ARS 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 124.4007, compared to 140.3546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.9539 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 3.6926 ARS (High: 146.4820 / Low: 142.7894). On the other end, March was the most stable month, with a tight range of 2.3880 ARS (High: 124.2820 / Low: 121.8940).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 147.5931) against the same month in 2023 (average: 91.3352), the exchange rate shifted by +56.2579 (+61.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 119.8003 | 117.0172 | 118.3536 |
| February | 122.0671 | 119.5915 | 120.6672 |
| March | 124.2820 | 121.8940 | 123.0979 |
| April | 126.8807 | 124.0931 | 125.3897 |
| May | 129.3917 | 126.3259 | 128.1511 |
| June | 131.8137 | 129.2304 | 130.7450 |
| July | 134.8620 | 132.1126 | 133.4576 |
| August | 137.5185 | 134.9581 | 136.2194 |
| September | 140.1588 | 137.7489 | 138.9039 |
| October | 143.3918 | 139.9174 | 141.5312 |
| November | 146.4820 | 142.7894 | 144.4226 |
| December | 149.1832 | 146.3253 | 147.5931 |