YEARLY HIGH
2.6687 MDL
YEARLY LOW
2.4898 MDL
YEARLY AVERAGE
2.5653 MDL

2024 BOB to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.6687. Conversely, the yearly low was recorded on August 29, dropping to 2.4898.

This high-to-low spread represents a total annual volatility of 0.1789 MDL. From a start-to-finish perspective, comparing the January average rate of 2.5506 to the December average rate of 2.6509, the exchange rate registered a net change of 3.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6687 was down 4.02% compared to the 2023 peak of 2.7803, 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 13,343 MDL
2023 Average 13,099 MDL
Yearly Trough Low 12,449 MDL
Transaction Impact: A difference of 894.26 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6646
2.5000
JanuMarcMayJulySeptNove

BOB to MDL 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 2.5602, compared to 2.5705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 2.5602
H2 Avg (Jul–Dec) 2.5705

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0847 MDL (High: 2.5745 / Low: 2.4898). On the other end, May was the most stable month, with a tight range of 0.0250 MDL (High: 2.5687 / Low: 2.5438).

August Spread (Volatile) ±0.0847
May Spread (Stable) ±0.0250

Growth Streaks & Declines

Trends

Between September and December, 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 0.0306 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.6509) against the same month in 2023 (average: 2.5450), the exchange rate shifted by +0.1058 (+4.16%).

2024 Avg (December) 2.6509
2023 Avg (December) 2.5450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5693 2.5009 2.5506
February 2.5914 2.5526 2.5752
March 2.5715 2.5299 2.5549
April 2.5920 2.5361 2.5611
May 2.5687 2.5438 2.5554
June 2.5909 2.5400 2.5640
July 2.5790 2.5434 2.5627
August 2.5745 2.4898 2.5322
September 2.5315 2.4905 2.5137
October 2.5976 2.5153 2.5556
November 2.6489 2.5702 2.6080
December 2.6687 2.6305 2.6509