YEARLY HIGH
3.1760 BOB
YEARLY LOW
2.9701 BOB
YEARLY AVERAGE
3.0732 BOB

2024 FJD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 3.1760. Conversely, the yearly low was recorded on December 31, dropping to 2.9701.

This high-to-low spread represents a total annual volatility of 0.2059 BOB. From a start-to-finish perspective, comparing the January average rate of 3.0935 to the December average rate of 2.9951, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.1760 was down 1.12% compared to the 2023 peak of 3.2119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,880 BOB
2023 Average 15,493 BOB
Yearly Trough Low 14,851 BOB
Transaction Impact: A difference of 1,029.55 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.1449
2.9815
JanuMarcMayJulySeptNove

FJD 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 3.0711, compared to 3.0753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 3.0711
H2 Avg (Jul–Dec) 3.0753

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1200 BOB (High: 3.1502 / Low: 3.0302). On the other end, June was the most stable month, with a tight range of 0.0512 BOB (High: 3.1002 / Low: 3.0491).

October Spread (Volatile) ±0.1200
June Spread (Stable) ±0.0512

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0579 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0579

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3.1313) against the same month in 2023 (average: 3.0420), the exchange rate shifted by +0.0892 (+2.93%).

2024 Avg (September) 3.1313
2023 Avg (September) 3.0420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.1570 3.0476 3.0935
February 3.0998 3.0320 3.0734
March 3.1117 3.0275 3.0688
April 3.0874 3.0099 3.0537
May 3.1022 3.0160 3.0627
June 3.1002 3.0491 3.0742
July 3.1111 3.0479 3.0788
August 3.1471 3.0317 3.0957
September 3.1760 3.0819 3.1313
October 3.1502 3.0302 3.0979
November 3.1054 3.0147 3.0530
December 3.0464 2.9701 2.9951