2024 BOB to SZL Historical Review

YEARLY HIGH

2.7908 SZL

YEARLY LOW

2.4779 SZL

YEARLY AVERAGE

2.6504 SZL

2024 BOB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2.7908. Conversely, the yearly low was recorded on September 30, dropping to 2.4779.

This high-to-low spread represents a total annual volatility of 0.3129 SZL. From a start-to-finish perspective, comparing the January average rate of 2.7187 to the December average rate of 2.6373, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7908 was down 2.50% compared to the 2023 peak of 2.8623, 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 13,954 SZL

2023 Average 13,352 SZL

Yearly Trough Low 12,390 SZL

Transaction Impact: A difference of 1,564.35 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7646

2.5178

JanuMarcMayJulySeptNove

BOB to SZL 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 2.7072, compared to 2.5935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1137 points.

H1 Avg (Jan–Jun) 2.7072

H2 Avg (Jul–Dec) 2.5935

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1741 SZL (High: 2.7285 / Low: 2.5544). On the other end, October was the most stable month, with a tight range of 0.0628 SZL (High: 2.5679 / Low: 2.5051).

December Spread (Volatile) ±0.1741

October Spread (Stable) ±0.0628

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0619 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.7440) against the same month in 2023 (average: 2.5906), the exchange rate shifted by +0.1534 (+5.92%).

2024 Avg (February) 2.7440

2023 Avg (February) 2.5906

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7701	2.6710	2.7187
February	2.7908	2.6911	2.7440
March	2.7737	2.6855	2.7270
April	2.7814	2.6756	2.7244
May	2.6994	2.6239	2.6628
June	2.7547	2.5925	2.6665
July	2.6716	2.6009	2.6386
August	2.6884	2.5522	2.6104
September	2.6026	2.4779	2.5486
October	2.5679	2.5051	2.5384
November	2.6350	2.5200	2.5877
December	2.7285	2.5544	2.6373