2024 BOB to LRD Historical Review

YEARLY HIGH

28.9431 LRD

YEARLY LOW

25.8860 LRD

YEARLY AVERAGE

27.6898 LRD

2024 BOB to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 28.9431. Conversely, the yearly low was recorded on December 5, dropping to 25.8860.

This high-to-low spread represents a total annual volatility of 3.0570 LRD. From a start-to-finish perspective, comparing the January average rate of 27.3760 to the December average rate of 26.1336, the exchange rate registered a net change of -4.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.9431 was up 5.76% compared to the 2023 peak of 27.3664, 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 144,715 LRD

2023 Average 126,472 LRD

Yearly Trough Low 129,430 LRD

Transaction Impact: A difference of 15,285.18 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.5393

25.9149

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 27.7881, compared to 27.5914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1967 points.

H1 Avg (Jan–Jun) 27.7881

H2 Avg (Jul–Dec) 27.5914

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.9176 LRD (High: 27.8203 / Low: 25.9027). On the other end, July was the most stable month, with a tight range of 0.1554 LRD (High: 28.2864 / Low: 28.1310).

November Spread (Volatile) ±1.9176

July Spread (Stable) ±0.1554

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.1082 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 28.2896) against the same month in 2023 (average: 26.9742), the exchange rate shifted by +1.3154 (+4.88%).

2024 Avg (September) 28.2896

2023 Avg (September) 26.9742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.5451	27.1989	27.3760
February	27.7140	27.2597	27.5544
March	28.0116	27.7207	27.8520
April	27.9916	27.1227	27.8503
May	28.1517	27.9455	28.0129
June	28.1541	27.9584	28.0831
July	28.2864	28.1310	28.2138
August	28.7692	28.1751	28.3206
September	28.9431	27.9448	28.2896
October	28.0671	27.7582	27.8495
November	27.8203	25.9027	26.7413
December	26.6271	25.8860	26.1336