2024 BOB to BRL Historical Review

YEARLY HIGH

0.9761 BRL

YEARLY LOW

0.7005 BRL

YEARLY AVERAGE

0.7801 BRL

2024 BOB to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.9761. Conversely, the yearly low was recorded on January 1, dropping to 0.7005.

This high-to-low spread represents a total annual volatility of 0.2756 BRL. From a start-to-finish perspective, comparing the January average rate of 0.7105 to the December average rate of 0.8860, 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 0.9761 was up 23.09% compared to the 2023 peak of 0.7929, 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 4,880 BRL

2023 Average 3,615 BRL

Yearly Trough Low 3,502 BRL

Transaction Impact: A difference of 1,377.94 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9036

0.6929

JanuMarcMayJulySeptNove

BOB to BRL 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 0.7359, compared to 0.8243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0884 points.

H1 Avg (Jan–Jun) 0.7359

H2 Avg (Jul–Dec) 0.8243

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1133 BRL (High: 0.9761 / Low: 0.8627). On the other end, February was the most stable month, with a tight range of 0.0110 BRL (High: 0.7236 / Low: 0.7126).

December Spread (Volatile) ±0.1133

February Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0032 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8860) against the same month in 2023 (average: 0.7079), the exchange rate shifted by +0.1782 (+25.17%).

2024 Avg (December) 0.8860

2023 Avg (December) 0.7079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7223	0.7005	0.7105
February	0.7236	0.7126	0.7182
March	0.7280	0.7156	0.7213
April	0.7628	0.7249	0.7407
May	0.7579	0.7328	0.7435
June	0.8102	0.7581	0.7809
July	0.8216	0.7836	0.8020
August	0.8365	0.7824	0.8045
September	0.8206	0.7840	0.8014
October	0.8385	0.7859	0.8126
November	0.8707	0.8211	0.8391
December	0.9761	0.8627	0.8860