YEARLY HIGH
0.1170 GBP
YEARLY LOW
0.1077 GBP
YEARLY AVERAGE
0.1132 GBP

2024 BOB to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.1170. Conversely, the yearly low was recorded on September 24, dropping to 0.1077.

This high-to-low spread represents a total annual volatility of 0.0093 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1139 to the December average rate of 0.1145, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1170 was down 4.40% compared to the 2023 peak of 0.1224, 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 585 GBP
2023 Average 582 GBP
Yearly Trough Low 539 GBP
Transaction Impact: A difference of 46.32 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1161
0.1088
JanuMarcMayJulySeptNove

BOB to GBP 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 0.1144, compared to 0.1121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1144
H2 Avg (Jul–Dec) 0.1121

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0050 GBP (High: 0.1142 / Low: 0.1092). On the other end, January was the most stable month, with a tight range of 0.0014 GBP (High: 0.1146 / Low: 0.1132).

August Spread (Volatile) ±0.0050
January Spread (Stable) ±0.0014

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 August and September, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1155) against the same month in 2023 (average: 0.1163), the exchange rate shifted by -0.0008 (-0.68%).

2024 Avg (April) 0.1155
2023 Avg (April) 0.1163

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1146 0.1132 0.1139
February 0.1153 0.1136 0.1145
March 0.1154 0.1125 0.1139
April 0.1170 0.1142 0.1155
May 0.1158 0.1133 0.1145
June 0.1148 0.1130 0.1139
July 0.1144 0.1113 0.1125
August 0.1142 0.1092 0.1119
September 0.1110 0.1077 0.1094
October 0.1123 0.1091 0.1108
November 0.1155 0.1109 0.1134
December 0.1158 0.1132 0.1145