2024 BOB to CVE Historical Review

YEARLY HIGH

15.3783 CVE

YEARLY LOW

14.2487 CVE

YEARLY AVERAGE

14.7579 CVE

2024 BOB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 15.3783. Conversely, the yearly low was recorded on September 30, dropping to 14.2487.

This high-to-low spread represents a total annual volatility of 1.1296 CVE. From a start-to-finish perspective, comparing the January average rate of 14.6390 to the December average rate of 15.2300, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.3783 was up 0.66% compared to the 2023 peak of 15.2773, 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 76,891 CVE

2023 Average 73,894 CVE

Yearly Trough Low 71,243 CVE

Transaction Impact: A difference of 5,648.11 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.3155

14.2904

JanuMarcMayJulySeptNove

BOB to CVE 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 14.7671, compared to 14.7488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 14.7671

H2 Avg (Jul–Dec) 14.7488

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.7119 CVE (High: 15.3326 / Low: 14.6206). On the other end, September was the most stable month, with a tight range of 0.2360 CVE (High: 14.4847 / Low: 14.2487).

November Spread (Volatile) ±0.7119

September Spread (Stable) ±0.2360

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 0.1918 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 15.2300) against the same month in 2023 (average: 14.6248), the exchange rate shifted by +0.6052 (+4.14%).

2024 Avg (December) 15.2300

2023 Avg (December) 14.6248

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.7465	14.4062	14.6390
February	14.9109	14.6609	14.7954
March	14.8076	14.5542	14.6979
April	15.0039	14.6594	14.8435
May	15.0054	14.6478	14.7857
June	14.9746	14.6456	14.8409
July	14.9133	14.5944	14.7209
August	14.8486	14.3125	14.5291
September	14.4847	14.2487	14.3759
October	14.8158	14.4100	14.6400
November	15.3326	14.6206	14.9966
December	15.3783	15.0714	15.2300