YEARLY HIGH
0.0054 BOB
YEARLY LOW
0.0047 BOB
YEARLY AVERAGE
0.0051 BOB

2024 KRW to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0054. Conversely, the yearly low was recorded on December 31, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0007 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0052 to the December average rate of 0.0048, the exchange rate registered a net change of -8.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0054 was down 4.28% compared to the 2023 peak of 0.0057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,055 BOB
2023 Average 26,456 BOB
Yearly Trough Low 23,373 BOB
Transaction Impact: A difference of 3,681.43 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0053
0.0048
JanuMarcMayJulySeptNove

KRW 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 0.0051, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0051
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0003 BOB (High: 0.0054 / Low: 0.0051). On the other end, February was the most stable month, with a tight range of 0.0001 BOB (High: 0.0052 / Low: 0.0052).

January Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0052) against the same month in 2023 (average: 0.0056), the exchange rate shifted by -0.0003 (-6.22%).

2024 Avg (January) 0.0052
2023 Avg (January) 0.0056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0054 0.0051 0.0052
February 0.0052 0.0052 0.0052
March 0.0053 0.0051 0.0052
April 0.0051 0.0050 0.0051
May 0.0051 0.0050 0.0051
June 0.0051 0.0050 0.0050
July 0.0050 0.0050 0.0050
August 0.0052 0.0050 0.0051
September 0.0053 0.0051 0.0052
October 0.0052 0.0050 0.0051
November 0.0050 0.0049 0.0050
December 0.0049 0.0047 0.0048