YEARLY HIGH
0.3947 XCD
YEARLY LOW
0.3875 XCD
YEARLY AVERAGE
0.3910 XCD

2024 BOB to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.3947. Conversely, the yearly low was recorded on February 4, dropping to 0.3875.

This high-to-low spread represents a total annual volatility of 0.0071 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3912 to the December average rate of 0.3911, 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 0.3947 was down 0.51% compared to the 2023 peak of 0.3967, 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 1,973 XCD
2023 Average 1,956 XCD
Yearly Trough Low 1,938 XCD
Transaction Impact: A difference of 35.57 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3915
0.3904
JanuMarcMayJulySeptNove

BOB to XCD 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 0.3910, compared to 0.3910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.3910
H2 Avg (Jul–Dec) 0.3910

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0049 XCD (High: 0.3947 / Low: 0.3898). On the other end, July was the most stable month, with a tight range of 0.0015 XCD (High: 0.3922 / Low: 0.3907).

August Spread (Volatile) ±0.0049
July Spread (Stable) ±0.0015

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 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3914) against the same month in 2023 (average: 0.3911), the exchange rate shifted by +0.0003 (+0.07%).

2024 Avg (August) 0.3914
2023 Avg (August) 0.3911

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3922 0.3900 0.3912
February 0.3919 0.3875 0.3910
March 0.3929 0.3896 0.3911
April 0.3916 0.3887 0.3905
May 0.3932 0.3904 0.3911
June 0.3921 0.3886 0.3911
July 0.3922 0.3907 0.3912
August 0.3947 0.3898 0.3914
September 0.3921 0.3895 0.3909
October 0.3914 0.3895 0.3906
November 0.3929 0.3881 0.3906
December 0.3927 0.3898 0.3911