YEARLY HIGH
3062.1528 SLL
YEARLY LOW
3006.9529 SLL
YEARLY AVERAGE
3033.6563 SLL

2024 BOB to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 3062.1528. Conversely, the yearly low was recorded on February 4, dropping to 3006.9529.

This high-to-low spread represents a total annual volatility of 55.2000 SLL. From a start-to-finish perspective, comparing the January average rate of 3035.1632 to the December average rate of 3034.6762, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3062.1528 was up 0.08% compared to the 2023 peak of 3059.7740, 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 15,310,764 SLL
2023 Average 13,815,297 SLL
Yearly Trough Low 15,034,764 SLL
Transaction Impact: A difference of 275,999.75 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3037.4739
3029.2613
JanuMarcMayJulySeptNove

BOB to SLL 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 3033.7817, compared to 3033.5310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2507 points.

H1 Avg (Jan–Jun) 3033.7817
H2 Avg (Jul–Dec) 3033.5310

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 37.8648 SLL (High: 3062.1528 / Low: 3024.2880). On the other end, July was the most stable month, with a tight range of 11.5470 SLL (High: 3043.4339 / Low: 3031.8869).

August Spread (Volatile) ±37.8648
July Spread (Stable) ±11.5470

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.9714 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.9714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 3036.7895) against the same month in 2023 (average: 3034.7369), the exchange rate shifted by +2.0527 (+0.07%).

2024 Avg (August) 3036.7895
2023 Avg (August) 3034.7369

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3043.1075 3026.1119 3035.1632
February 3040.9143 3006.9529 3033.5206
March 3048.2088 3023.1008 3034.9172
April 3038.7149 3016.1978 3029.9457
May 3050.7836 3029.2192 3034.8399
June 3042.0242 3014.8531 3034.3034
July 3043.4339 3031.8869 3035.3395
August 3062.1528 3024.2880 3036.7895
September 3042.1014 3022.2669 3033.1862
October 3037.3065 3021.8174 3030.6063
November 3048.4215 3011.0664 3030.5882
December 3046.7242 3024.5925 3034.6762