YEARLY HIGH
0.1975 BND
YEARLY LOW
0.1848 BND
YEARLY AVERAGE
0.1933 BND

2024 BOB to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1975. Conversely, the yearly low was recorded on September 30, dropping to 0.1848.

This high-to-low spread represents a total annual volatility of 0.0128 BND. From a start-to-finish perspective, comparing the January average rate of 0.1932 to the December average rate of 0.1954, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1975 was down 0.73% compared to the 2023 peak of 0.1990, 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 988 BND
2023 Average 972 BND
Yearly Trough Low 924 BND
Transaction Impact: A difference of 63.80 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1968
0.1867
JanuMarcMayJulySeptNove

BOB to BND 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 0.1948, compared to 0.1918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1948
H2 Avg (Jul–Dec) 0.1918

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0055 BND (High: 0.1918 / Low: 0.1863). On the other end, June was the most stable month, with a tight range of 0.0016 BND (High: 0.1964 / Low: 0.1947).

October Spread (Volatile) ±0.0055
June Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1956) against the same month in 2023 (average: 0.1938), the exchange rate shifted by +0.0017 (+0.89%).

2024 Avg (May) 0.1956
2023 Avg (May) 0.1938

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1945 0.1909 0.1932
February 0.1953 0.1928 0.1945
March 0.1956 0.1922 0.1940
April 0.1972 0.1945 0.1960
May 0.1975 0.1945 0.1956
June 0.1964 0.1947 0.1956
July 0.1966 0.1940 0.1949
August 0.1937 0.1882 0.1905
September 0.1895 0.1848 0.1875
October 0.1918 0.1863 0.1894
November 0.1951 0.1900 0.1931
December 0.1973 0.1938 0.1954