2020 BOB to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BOB to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BOB to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 28.9834. Conversely, the yearly low was recorded on November 17, dropping to 22.5874.
This high-to-low spread represents a total annual volatility of 6.3960 LRD. From a start-to-finish perspective, comparing the January average rate of 27.6869 to the December average rate of 23.3934, the exchange rate registered a net change of -15.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 28.9834 was down 5.31% compared to the 2019 peak of 30.6072, 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 2020.
BOB to LRD 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 28.5235, compared to 27.0268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4968 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 3.9193 LRD (High: 26.5067 / Low: 22.5874). On the other end, September was the most stable month, with a tight range of 0.0925 LRD (High: 28.8758 / Low: 28.7833).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.0536 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 28.7299) against the same month in 2019 (average: 23.9850), the exchange rate shifted by +4.7449 (+19.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.2337 | 27.0300 | 27.6869 |
| February | 28.6957 | 28.2025 | 28.4267 |
| March | 28.9537 | 28.5864 | 28.7117 |
| April | 28.9834 | 28.6008 | 28.7299 |
| May | 28.9217 | 28.7234 | 28.7698 |
| June | 28.8687 | 28.7364 | 28.8161 |
| July | 28.9416 | 28.7848 | 28.8573 |
| August | 28.9501 | 28.7840 | 28.8696 |
| September | 28.8758 | 28.7833 | 28.8351 |
| October | 28.8380 | 26.5067 | 28.1295 |
| November | 26.5067 | 22.5874 | 24.0758 |
| December | 23.8587 | 22.8401 | 23.3934 |