YEARLY HIGH
0.0386 BOB
YEARLY LOW
0.0346 BOB
YEARLY AVERAGE
0.0361 BOB

2024 LRD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0386. Conversely, the yearly low was recorded on September 22, dropping to 0.0346.

This high-to-low spread represents a total annual volatility of 0.0041 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0365 to the December average rate of 0.0383, the exchange rate registered a net change of 4.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0386 was down 14.82% compared to the 2023 peak of 0.0454, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193 BOB
2023 Average 199 BOB
Yearly Trough Low 173 BOB
Transaction Impact: A difference of 20.40 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0386
0.0350
JanuMarcMayJulySeptNove

LRD 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 0.0360, compared to 0.0363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0360
H2 Avg (Jul–Dec) 0.0363

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0027 BOB (High: 0.0386 / Low: 0.0359). On the other end, July was the most stable month, with a tight range of 0.0002 BOB (High: 0.0355 / Low: 0.0354).

November Spread (Volatile) ±0.0027
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0383) against the same month in 2023 (average: 0.0368), the exchange rate shifted by +0.0015 (+4.12%).

2024 Avg (December) 0.0383
2023 Avg (December) 0.0368

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0368 0.0363 0.0365
February 0.0367 0.0361 0.0363
March 0.0361 0.0357 0.0359
April 0.0369 0.0357 0.0359
May 0.0358 0.0355 0.0357
June 0.0358 0.0355 0.0356
July 0.0355 0.0354 0.0354
August 0.0355 0.0348 0.0353
September 0.0358 0.0346 0.0354
October 0.0360 0.0356 0.0359
November 0.0386 0.0359 0.0374
December 0.0386 0.0376 0.0383