YEARLY HIGH
1889.1012 SYP
YEARLY LOW
360.2880 SYP
YEARLY AVERAGE
408.3870 SYP

2024 BOB to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1889.1012. Conversely, the yearly low was recorded on February 4, dropping to 360.2880.

This high-to-low spread represents a total annual volatility of 1528.8132 SYP. From a start-to-finish perspective, comparing the January average rate of 363.6681 to the December average rate of 902.4024, the exchange rate registered a net change of 148.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1889.1012 was up 412.27% compared to the 2023 peak of 368.7723, 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 9,445,506 SYP
2023 Average 1,818,659 SYP
Yearly Trough Low 1,801,440 SYP
Transaction Impact: A difference of 7,644,066.20 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

956.3383
309.1070
JanuMarcMayJulySeptNove

BOB to SYP 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 363.5026, compared to 453.2713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 89.7687 points.

H1 Avg (Jan–Jun) 363.5026
H2 Avg (Jul–Dec) 453.2713

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1526.5544 SYP (High: 1889.1012 / Low: 362.5468). On the other end, July was the most stable month, with a tight range of 1.3835 SYP (High: 364.6591 / Low: 363.2756).

December Spread (Volatile) ±1526.5544
July Spread (Stable) ±1.3835

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 0.5957 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5957

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 902.4024) against the same month in 2023 (average: 363.1992), the exchange rate shifted by +539.2032 (+148.46%).

2024 Avg (December) 902.4024
2023 Avg (December) 363.1992

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 364.6200 362.5836 363.6681
February 364.3572 360.2880 363.4713
March 365.2312 362.2228 363.6386
April 364.0937 361.3957 363.0430
May 365.5397 362.9559 363.6294
June 364.4902 361.2346 363.5651
July 364.6591 363.2756 363.6892
August 366.9020 362.3651 363.8630
September 364.4994 362.1229 363.4312
October 363.9249 362.0690 363.1221
November 365.2567 360.7809 363.1199
December 1889.1012 362.5468 902.4024