2024 MXN to BOB Historical Review

YEARLY HIGH

0.4230 BOB

YEARLY LOW

0.3311 BOB

YEARLY AVERAGE

0.3795 BOB

2024 MXN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.4230. Conversely, the yearly low was recorded on December 31, dropping to 0.3311.

This high-to-low spread represents a total annual volatility of 0.0918 BOB. From a start-to-finish perspective, comparing the January average rate of 0.4051 to the December average rate of 0.3412, the exchange rate registered a net change of -15.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4230 was up 2.12% compared to the 2023 peak of 0.4142, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 21,148 BOB

2023 Average 19,506 BOB

Yearly Trough Low 16,557 BOB

Transaction Impact: A difference of 4,590.83 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4192

0.3333

JanuMarcMayJulySeptNove

MXN 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 0.4042, compared to 0.3548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0494 points.

H1 Avg (Jan–Jun) 0.4042

H2 Avg (Jul–Dec) 0.3548

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0393 BOB (High: 0.4076 / Low: 0.3683). On the other end, February was the most stable month, with a tight range of 0.0049 BOB (High: 0.4065 / Low: 0.4017).

June Spread (Volatile) ±0.0393

February Spread (Stable) ±0.0049

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 May and June, when the average rate fell by 0.0312 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.4118) against the same month in 2023 (average: 0.3824), the exchange rate shifted by +0.0294 (+7.69%).

2024 Avg (April) 0.4118

2023 Avg (April) 0.3824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4102	0.3990	0.4051
February	0.4065	0.4017	0.4045
March	0.4187	0.4048	0.4121
April	0.4230	0.4025	0.4118
May	0.4178	0.4062	0.4114
June	0.4076	0.3683	0.3802
July	0.3921	0.3683	0.3817
August	0.3718	0.3491	0.3606
September	0.3619	0.3440	0.3528
October	0.3600	0.3430	0.3517
November	0.3500	0.3334	0.3405
December	0.3441	0.3311	0.3412