2024 BOB to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BOB to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BOB to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 23.3883. Conversely, the yearly low was recorded on September 16, dropping to 20.2929.
This high-to-low spread represents a total annual volatility of 3.0954 JPY. From a start-to-finish perspective, comparing the January average rate of 21.1569 to the December average rate of 22.2923, the exchange rate registered a net change of 5.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 23.3883 was up 6.28% compared to the 2023 peak of 22.0069, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BOB to JPY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.0253, compared to 21.8017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2236 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 1.7056 JPY (High: 23.3883 / Low: 21.6827). On the other end, February was the most stable month, with a tight range of 0.6147 JPY (High: 21.8483 / Low: 21.2336).
Growth Streaks & Declines
TrendsBetween January and June, 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 July and August, when the average rate fell by 1.6300 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 22.8061) against the same month in 2023 (average: 20.4488), the exchange rate shifted by +2.3573 (+11.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.4637 | 20.3643 | 21.1569 |
| February | 21.8483 | 21.2336 | 21.6446 |
| March | 22.0104 | 21.2300 | 21.6754 |
| April | 22.8199 | 21.8685 | 22.2576 |
| May | 22.7882 | 22.1101 | 22.5388 |
| June | 23.3117 | 22.4507 | 22.8786 |
| July | 23.3883 | 21.6827 | 22.8061 |
| August | 21.6125 | 20.8359 | 21.1761 |
| September | 21.2381 | 20.2929 | 20.6939 |
| October | 22.1781 | 20.8209 | 21.6665 |
| November | 22.6522 | 21.6579 | 22.1753 |
| December | 22.8682 | 21.6390 | 22.2923 |