YEARLY HIGH
0.3367 FJD
YEARLY LOW
0.3149 FJD
YEARLY AVERAGE
0.3255 FJD

2024 BOB to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3367. Conversely, the yearly low was recorded on September 30, dropping to 0.3149.

This high-to-low spread represents a total annual volatility of 0.0218 FJD. From a start-to-finish perspective, comparing the January average rate of 0.3233 to the December average rate of 0.3339, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3367 was up 0.97% compared to the 2023 peak of 0.3335, 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 1,683 FJD
2023 Average 1,614 FJD
Yearly Trough Low 1,574 FJD
Transaction Impact: A difference of 109.14 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3354
0.3179
JanuMarcMayJulySeptNove

BOB to FJD 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 0.3256, compared to 0.3253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.3256
H2 Avg (Jul–Dec) 0.3253

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0126 FJD (High: 0.3300 / Low: 0.3174). On the other end, June was the most stable month, with a tight range of 0.0054 FJD (High: 0.3280 / Low: 0.3226).

October Spread (Volatile) ±0.0126
June Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0037 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3339) against the same month in 2023 (average: 0.3202), the exchange rate shifted by +0.0137 (+4.27%).

2024 Avg (December) 0.3339
2023 Avg (December) 0.3202

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3281 0.3168 0.3233
February 0.3298 0.3226 0.3254
March 0.3303 0.3214 0.3259
April 0.3322 0.3239 0.3275
May 0.3316 0.3223 0.3265
June 0.3280 0.3226 0.3253
July 0.3281 0.3214 0.3248
August 0.3299 0.3178 0.3231
September 0.3245 0.3149 0.3194
October 0.3300 0.3174 0.3228
November 0.3317 0.3220 0.3276
December 0.3367 0.3283 0.3339