2024 CVE to BOB Historical Review

YEARLY HIGH

0.0702 BOB

YEARLY LOW

0.0650 BOB

YEARLY AVERAGE

0.0678 BOB

2024 CVE to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0702. Conversely, the yearly low was recorded on December 20, dropping to 0.0650.

This high-to-low spread represents a total annual volatility of 0.0052 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0683 to the December average rate of 0.0657, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0702 was down 0.52% compared to the 2023 peak of 0.0706, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 351 BOB

2023 Average 338 BOB

Yearly Trough Low 325 BOB

Transaction Impact: A difference of 25.78 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0700

0.0653

JanuMarcMayJulySeptNove

CVE 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 0.0677, compared to 0.0678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0677

H2 Avg (Jul–Dec) 0.0678

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0032 BOB (High: 0.0684 / Low: 0.0652). On the other end, September was the most stable month, with a tight range of 0.0011 BOB (High: 0.0702 / Low: 0.0690).

November Spread (Volatile) ±0.0032

September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0696) against the same month in 2023 (average: 0.0669), the exchange rate shifted by +0.0027 (+3.98%).

2024 Avg (September) 0.0696

2023 Avg (September) 0.0669

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0694	0.0678	0.0683
February	0.0682	0.0671	0.0676
March	0.0687	0.0675	0.0680
April	0.0682	0.0666	0.0674
May	0.0683	0.0666	0.0676
June	0.0683	0.0668	0.0674
July	0.0685	0.0671	0.0679
August	0.0699	0.0673	0.0688
September	0.0702	0.0690	0.0696
October	0.0694	0.0675	0.0683
November	0.0684	0.0652	0.0667
December	0.0664	0.0650	0.0657