2024 CNY to BOB Historical Review

YEARLY HIGH

0.9886 BOB

YEARLY LOW

0.9433 BOB

YEARLY AVERAGE

0.9631 BOB

2024 CNY to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.9886. Conversely, the yearly low was recorded on December 22, dropping to 0.9433.

This high-to-low spread represents a total annual volatility of 0.0453 BOB. From a start-to-finish perspective, comparing the January average rate of 0.9716 to the December average rate of 0.9490, the exchange rate registered a net change of -2.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9886 was down 4.11% compared to the 2023 peak of 1.0310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 24,714 BOB

2023 Average 24,428 BOB

Yearly Trough Low 23,582 BOB

Transaction Impact: A difference of 1,132.06 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9801

0.9462

JanuMarcMayJulySeptNove

CNY to BOB 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 0.9628, compared to 0.9635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.9628

H2 Avg (Jul–Dec) 0.9635

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0291 BOB (High: 0.9787 / Low: 0.9495). On the other end, December was the most stable month, with a tight range of 0.0103 BOB (High: 0.9536 / Low: 0.9433).

June Spread (Volatile) ±0.0291

December Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0157 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.9760) against the same month in 2023 (average: 0.9492), the exchange rate shifted by +0.0268 (+2.82%).

2024 Avg (October) 0.9760

2023 Avg (October) 0.9492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9789	0.9603	0.9716
February	0.9791	0.9581	0.9658
March	0.9691	0.9517	0.9601
April	0.9740	0.9526	0.9575
May	0.9766	0.9540	0.9642
June	0.9787	0.9495	0.9577
July	0.9680	0.9482	0.9520
August	0.9764	0.9531	0.9663
September	0.9879	0.9691	0.9773
October	0.9886	0.9688	0.9760
November	0.9762	0.9506	0.9603
December	0.9536	0.9433	0.9490