YEARLY HIGH
0.0493 BOB
YEARLY LOW
0.0428 BOB
YEARLY AVERAGE
0.0457 BOB

2024 JPY to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.0493. Conversely, the yearly low was recorded on July 3, dropping to 0.0428.

This high-to-low spread represents a total annual volatility of 0.0065 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0473 to the December average rate of 0.0449, the exchange rate registered a net change of -5.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0493 was down 8.80% compared to the 2023 peak of 0.0540, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 24,639 BOB
2023 Average 24,636 BOB
Yearly Trough Low 21,378 BOB
Transaction Impact: A difference of 3,260.97 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0488
0.0433
JanuMarcMayJulySeptNove

JPY 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 0.0454, compared to 0.0459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0454
H2 Avg (Jul–Dec) 0.0459

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0034 BOB (High: 0.0461 / Low: 0.0428). On the other end, February was the most stable month, with a tight range of 0.0013 BOB (High: 0.0471 / Low: 0.0458).

July Spread (Volatile) ±0.0034
February Spread (Stable) ±0.0013

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 September and October, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0483) against the same month in 2023 (average: 0.0467), the exchange rate shifted by +0.0016 (+3.40%).

2024 Avg (September) 0.0483
2023 Avg (September) 0.0467

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0491 0.0466 0.0473
February 0.0471 0.0458 0.0462
March 0.0471 0.0454 0.0461
April 0.0457 0.0438 0.0449
May 0.0452 0.0439 0.0444
June 0.0445 0.0429 0.0437
July 0.0461 0.0428 0.0439
August 0.0480 0.0463 0.0472
September 0.0493 0.0471 0.0483
October 0.0480 0.0451 0.0462
November 0.0462 0.0441 0.0451
December 0.0462 0.0437 0.0449