2024 BOB to GNF Historical Review

YEARLY HIGH

1256.5240 GNF

YEARLY LOW

1235.8892 GNF

YEARLY AVERAGE

1245.8687 GNF

2024 BOB to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 1256.5240. Conversely, the yearly low was recorded on April 27, dropping to 1235.8892.

This high-to-low spread represents a total annual volatility of 20.6348 GNF. From a start-to-finish perspective, comparing the January average rate of 1244.0610 to the December average rate of 1249.0146, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1256.5240 was down 1.38% compared to the 2023 peak of 1274.1019, 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 6,282,620 GNF

2023 Average 6,238,403 GNF

Yearly Trough Low 6,179,446 GNF

Transaction Impact: A difference of 103,173.96 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1250.6830

1240.4877

JanuMarcMayJulySeptNove

BOB to GNF 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 1243.7177, compared to 1248.0197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3020 points.

H1 Avg (Jan–Jun) 1243.7177

H2 Avg (Jul–Dec) 1248.0197

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 13.1201 GNF (High: 1252.6482 / Low: 1239.5282). On the other end, May was the most stable month, with a tight range of 4.4598 GNF (High: 1245.3120 / Low: 1240.8522).

February Spread (Volatile) ±13.1201

May Spread (Stable) ±4.4598

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.3648 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.3648

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1248.3602) against the same month in 2023 (average: 1245.5581), the exchange rate shifted by +2.8021 (+0.22%).

2024 Avg (October) 1248.3602

2023 Avg (October) 1245.5581

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1248.5007	1241.4408	1244.0610
February	1252.6482	1239.5282	1244.4611
March	1250.0445	1239.1584	1243.7020
April	1244.8128	1235.8892	1241.3373
May	1245.3120	1240.8522	1243.6842
June	1247.4519	1242.2223	1245.0608
July	1251.7021	1242.4077	1246.1341
August	1249.8235	1243.5590	1247.9907
September	1251.6371	1244.9870	1249.8334
October	1256.5240	1244.2383	1248.3602
November	1251.1257	1243.0639	1246.7854
December	1250.9493	1245.3492	1249.0146