2024 BOB to KRW Historical Review

YEARLY HIGH

213.9177 KRW

YEARLY LOW

184.8094 KRW

YEARLY AVERAGE

197.2976 KRW

2024 BOB to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 213.9177. Conversely, the yearly low was recorded on January 1, dropping to 184.8094.

This high-to-low spread represents a total annual volatility of 29.1083 KRW. From a start-to-finish perspective, comparing the January average rate of 191.7409 to the December average rate of 208.5050, the exchange rate registered a net change of 8.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 213.9177 was up 8.73% compared to the 2023 peak of 196.7510, 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 1,069,589 KRW

2023 Average 945,510 KRW

Yearly Trough Low 924,047 KRW

Transaction Impact: A difference of 145,541.70 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

210.1814

190.0645

JanuMarcMayJulySeptNove

BOB to KRW 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 195.4329, compared to 199.1622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7293 points.

H1 Avg (Jan–Jun) 195.4329

H2 Avg (Jul–Dec) 199.1622

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 11.5782 KRW (High: 213.9177 / Low: 202.3395). On the other end, February was the most stable month, with a tight range of 2.3487 KRW (High: 194.0935 / Low: 191.7449).

December Spread (Volatile) ±11.5782

February Spread (Stable) ±2.3487

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 4.5721 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.5721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 208.5050) against the same month in 2023 (average: 188.1285), the exchange rate shifted by +20.3765 (+10.83%).

2024 Avg (December) 208.5050

2023 Avg (December) 188.1285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	194.6877	184.8094	191.7409
February	194.0935	191.7449	192.7641
March	195.4816	189.5217	192.8531
April	201.0112	194.8335	197.9465
May	199.8209	194.9765	197.3863
June	201.7126	197.8936	199.9066
July	201.2632	198.1706	200.0967
August	199.2328	191.6886	195.5246
September	194.4614	189.6446	192.3954
October	200.6097	191.8505	196.8401
November	203.3105	198.2708	201.6112
December	213.9177	202.3395	208.5050