YEARLY HIGH
36.5583 YER
YEARLY LOW
35.8730 YER
YEARLY AVERAGE
36.2077 YER

2024 BOB to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 36.5583. Conversely, the yearly low was recorded on November 10, dropping to 35.8730.

This high-to-low spread represents a total annual volatility of 0.6853 YER. From a start-to-finish perspective, comparing the January average rate of 36.2352 to the December average rate of 36.1899, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 36.5583 was down 0.49% compared to the 2023 peak of 36.7374, 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 182,792 YER
2023 Average 181,190 YER
Yearly Trough Low 179,365 YER
Transaction Impact: A difference of 3,426.57 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

36.2677
36.1058
JanuMarcMayJulySeptNove

BOB to YER 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 36.2168, compared to 36.1987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0182 points.

H1 Avg (Jan–Jun) 36.2168
H2 Avg (Jul–Dec) 36.1987

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.4521 YER (High: 36.5583 / Low: 36.1063). On the other end, July was the most stable month, with a tight range of 0.1306 YER (High: 36.3312 / Low: 36.2006).

August Spread (Volatile) ±0.4521
July Spread (Stable) ±0.1306

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0617 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 36.2542) against the same month in 2023 (average: 36.2251), the exchange rate shifted by +0.0292 (+0.08%).

2024 Avg (August) 36.2542
2023 Avg (August) 36.2251

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.3382 36.1107 36.2352
February 36.3048 35.8993 36.2084
March 36.3991 36.0921 36.2346
April 36.2894 36.0007 36.1767
May 36.3571 36.1303 36.2174
June 36.3162 36.0044 36.2288
July 36.3312 36.2006 36.2378
August 36.5583 36.1063 36.2542
September 36.3189 36.0822 36.2097
October 36.2581 36.0751 36.1810
November 36.3217 35.8730 36.1193
December 36.3044 36.0410 36.1899