YEARLY HIGH
0.8396 BOB
YEARLY LOW
0.7898 BOB
YEARLY AVERAGE
0.8207 BOB

2024 SBD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 0.8396. Conversely, the yearly low was recorded on March 12, dropping to 0.7898.

This high-to-low spread represents a total annual volatility of 0.0498 BOB. From a start-to-finish perspective, comparing the January average rate of 0.8205 to the December average rate of 0.8247, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8396 was down 1.32% compared to the 2023 peak of 0.8508, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,198 BOB
2023 Average 4,139 BOB
Yearly Trough Low 3,949 BOB
Transaction Impact: A difference of 249.24 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8348
0.8125
JanuMarcMayJulySeptNove

SBD 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 0.8169, compared to 0.8244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.8169
H2 Avg (Jul–Dec) 0.8244

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0353 BOB (High: 0.8250 / Low: 0.7898). On the other end, May was the most stable month, with a tight range of 0.0058 BOB (High: 0.8167 / Low: 0.8109).

March Spread (Volatile) ±0.0353
May Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 0.0053 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.8329) against the same month in 2023 (average: 0.8188), the exchange rate shifted by +0.0141 (+1.73%).

2024 Avg (October) 0.8329
2023 Avg (October) 0.8188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8273 0.8165 0.8205
February 0.8276 0.8118 0.8178
March 0.8250 0.7898 0.8162
April 0.8205 0.8075 0.8162
May 0.8167 0.8109 0.8143
June 0.8200 0.8135 0.8167
July 0.8225 0.8149 0.8176
August 0.8222 0.8066 0.8144
September 0.8361 0.8152 0.8289
October 0.8396 0.8275 0.8329
November 0.8350 0.8205 0.8276
December 0.8287 0.8210 0.8247