2024 HNL to BOB Historical Review

YEARLY HIGH

0.2812 BOB

YEARLY LOW

0.2720 BOB

YEARLY AVERAGE

0.2781 BOB

2024 HNL to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2812. Conversely, the yearly low was recorded on December 27, dropping to 0.2720.

This high-to-low spread represents a total annual volatility of 0.0093 BOB. From a start-to-finish perspective, comparing the January average rate of 0.2799 to the December average rate of 0.2726, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2812 was down 0.97% compared to the 2023 peak of 0.2840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,406 BOB

2023 Average 1,400 BOB

Yearly Trough Low 1,360 BOB

Transaction Impact: A difference of 46.33 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2809

0.2718

JanuMarcMayJulySeptNove

HNL 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 0.2795, compared to 0.2766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.2795

H2 Avg (Jul–Dec) 0.2766

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0054 BOB (High: 0.2795 / Low: 0.2741). On the other end, December was the most stable month, with a tight range of 0.0017 BOB (High: 0.2737 / Low: 0.2720).

October Spread (Volatile) ±0.0054

December Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0021 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2799) against the same month in 2023 (average: 0.2801), the exchange rate shifted by -0.0003 (-0.11%).

2024 Avg (January) 0.2799

2023 Avg (January) 0.2801

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2812	0.2791	0.2799
February	0.2807	0.2784	0.2796
March	0.2809	0.2781	0.2795
April	0.2810	0.2787	0.2801
May	0.2805	0.2784	0.2793
June	0.2803	0.2756	0.2788
July	0.2798	0.2778	0.2789
August	0.2812	0.2772	0.2786
September	0.2791	0.2773	0.2784
October	0.2795	0.2741	0.2765
November	0.2768	0.2731	0.2746
December	0.2737	0.2720	0.2726