2024 BOB to INR Historical Review

YEARLY HIGH

12.4238 INR

YEARLY LOW

11.9017 INR

YEARLY AVERAGE

12.1053 INR

2024 BOB to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 12.4238. Conversely, the yearly low was recorded on February 4, dropping to 11.9017.

This high-to-low spread represents a total annual volatility of 0.5221 INR. From a start-to-finish perspective, comparing the January average rate of 12.0292 to the December average rate of 12.3019, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.4238 was up 2.39% compared to the 2023 peak of 12.1343, 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 62,119 INR

2023 Average 59,767 INR

Yearly Trough Low 59,509 INR

Transaction Impact: A difference of 2,610.65 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.3318

11.9730

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 12.0418, compared to 12.1687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1269 points.

H1 Avg (Jan–Jun) 12.0418

H2 Avg (Jul–Dec) 12.1687

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.2060 INR (High: 12.1529 / Low: 11.9469). On the other end, July was the most stable month, with a tight range of 0.0565 INR (High: 12.1254 / Low: 12.0689).

March Spread (Volatile) ±0.2060

July Spread (Stable) ±0.0565

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0264 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0264

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 12.3019) against the same month in 2023 (average: 12.0333), the exchange rate shifted by +0.2686 (+2.23%).

2024 Avg (December) 12.3019

2023 Avg (December) 12.0333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0702	12.0003	12.0292
February	12.0250	11.9017	12.0029
March	12.1529	11.9469	12.0213
April	12.0904	11.9964	12.0531
May	12.1191	12.0228	12.0643
June	12.1207	12.0091	12.0800
July	12.1254	12.0689	12.1017
August	12.2278	12.1073	12.1480
September	12.1836	12.0727	12.1216
October	12.1785	12.1106	12.1466
November	12.2694	12.1171	12.1925
December	12.4238	12.2395	12.3019