2024 BOB to CAD Historical Review

YEARLY HIGH

0.2093 CAD

YEARLY LOW

0.1911 CAD

YEARLY AVERAGE

0.1982 CAD

2024 BOB to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.2093. Conversely, the yearly low was recorded on January 1, dropping to 0.1911.

This high-to-low spread represents a total annual volatility of 0.0182 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1942 to the December average rate of 0.2064, the exchange rate registered a net change of 6.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2093 was up 3.55% compared to the 2023 peak of 0.2021, 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 1,046 CAD

2023 Average 977 CAD

Yearly Trough Low 956 CAD

Transaction Impact: A difference of 90.84 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2076

0.1930

JanuMarcMayJulySeptNove

BOB to CAD 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 0.1965, compared to 0.2000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.1965

H2 Avg (Jul–Dec) 0.2000

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0081 CAD (High: 0.2027 / Low: 0.1946). On the other end, May was the most stable month, with a tight range of 0.0019 CAD (High: 0.1987 / Low: 0.1968).

August Spread (Volatile) ±0.0081

May Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0020 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2064) against the same month in 2023 (average: 0.1939), the exchange rate shifted by +0.0125 (+6.46%).

2024 Avg (December) 0.2064

2023 Avg (December) 0.1939

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1958	0.1911	0.1942
February	0.1969	0.1932	0.1952
March	0.1981	0.1942	0.1960
April	0.1996	0.1958	0.1977
May	0.1987	0.1968	0.1978
June	0.1995	0.1968	0.1983
July	0.2005	0.1970	0.1985
August	0.2027	0.1946	0.1979
September	0.1969	0.1941	0.1960
October	0.2018	0.1955	0.1989
November	0.2039	0.1997	0.2021
December	0.2093	0.2027	0.2064