YEARLY HIGH
1.8181 BOB
YEARLY LOW
1.5040 BOB
YEARLY AVERAGE
1.7366 BOB

2024 PLN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1.8181. Conversely, the yearly low was recorded on January 1, dropping to 1.5040.

This high-to-low spread represents a total annual volatility of 0.3141 BOB. From a start-to-finish perspective, comparing the January average rate of 1.7199 to the December average rate of 1.6949, the exchange rate registered a net change of -1.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.8181 was up 2.35% compared to the 2023 peak of 1.7763, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 36,362 BOB
2023 Average 32,956 BOB
Yearly Trough Low 30,080 BOB
Transaction Impact: A difference of 6,281.99 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8059
1.6848
JanuMarcMayJulySeptNove

PLN 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 1.7298, compared to 1.7434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 1.7298
H2 Avg (Jul–Dec) 1.7434

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.2443 BOB (High: 1.7484 / Low: 1.5040). On the other end, February was the most stable month, with a tight range of 0.0373 BOB (High: 1.7428 / Low: 1.7055).

January Spread (Volatile) ±0.2443
February Spread (Stable) ±0.0373

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 October and November, when the average rate fell by 0.0493 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.7958) against the same month in 2023 (average: 1.6036), the exchange rate shifted by +0.1922 (+11.98%).

2024 Avg (September) 1.7958
2023 Avg (September) 1.6036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7484 1.5040 1.7199
February 1.7428 1.7055 1.7253
March 1.7730 1.7205 1.7436
April 1.7609 1.6857 1.7243
May 1.7663 1.7117 1.7444
June 1.7626 1.6847 1.7211
July 1.7714 1.7185 1.7514
August 1.8164 1.7309 1.7744
September 1.8181 1.7734 1.7958
October 1.7813 1.7135 1.7467
November 1.7355 1.6592 1.6973
December 1.7159 1.6718 1.6949