YEARLY HIGH
9.8931 INR
YEARLY LOW
9.0543 INR
YEARLY AVERAGE
9.3857 INR

2017 BOB to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 9.8931. Conversely, the yearly low was recorded on August 6, dropping to 9.0543.

This high-to-low spread represents a total annual volatility of 0.8388 INR. From a start-to-finish perspective, comparing the January average rate of 9.8394 to the December average rate of 9.2891, the exchange rate registered a net change of -5.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 9.8931 was down 1.20% compared to the 2016 peak of 10.0135, 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 49,466 INR
2016 Average 48,690 INR
Yearly Trough Low 45,272 INR
Transaction Impact: A difference of 4,194.07 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

9.9043
9.1258
JanuMarcMayJulySeptNove

BOB to INR 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 9.4833, compared to 9.2882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1952 points.

H1 Avg (Jan–Jun) 9.4833
H2 Avg (Jul–Dec) 9.2882

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.3816 INR (High: 9.7102 / Low: 9.3287). On the other end, January was the most stable month, with a tight range of 0.1121 INR (High: 9.8931 / Low: 9.7811).

March Spread (Volatile) ±0.3816
January Spread (Stable) ±0.1121

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2093 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 9.8394) against the same month in 2016 (average: 9.7398), the exchange rate shifted by +0.0996 (+1.02%).

2017 Avg (January) 9.8394
2016 Avg (January) 9.7398

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.8931 9.7811 9.8394
February 9.7731 9.6017 9.6762
March 9.7102 9.3287 9.5144
April 9.3966 9.2081 9.3051
May 9.3420 9.2108 9.2774
June 9.3507 9.2193 9.2874
July 9.3519 9.1829 9.2699
August 9.2744 9.0543 9.1907
September 9.4383 9.1092 9.2280
October 9.4891 9.3189 9.4084
November 9.4822 9.2238 9.3429
December 9.3787 9.2205 9.2891