YEARLY HIGH
0.5393 BOB
YEARLY LOW
0.4560 BOB
YEARLY AVERAGE
0.5059 BOB

2024 SCR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.5393. Conversely, the yearly low was recorded on August 4, dropping to 0.4560.

This high-to-low spread represents a total annual volatility of 0.0834 BOB. From a start-to-finish perspective, comparing the January average rate of 0.5163 to the December average rate of 0.4899, the exchange rate registered a net change of -5.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5393 was down 0.69% compared to the 2023 peak of 0.5431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,697 BOB
2023 Average 2,571 BOB
Yearly Trough Low 2,280 BOB
Transaction Impact: A difference of 416.84 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5190
0.4872
JanuMarcMayJulySeptNove

SCR 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 0.5090, compared to 0.5027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.5090
H2 Avg (Jul–Dec) 0.5027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0829 BOB (High: 0.5389 / Low: 0.4560). On the other end, May was the most stable month, with a tight range of 0.0155 BOB (High: 0.5150 / Low: 0.4995).

August Spread (Volatile) ±0.0829
May Spread (Stable) ±0.0155

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 November and December, when the average rate fell by 0.0135 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5142) against the same month in 2023 (average: 0.5259), the exchange rate shifted by -0.0117 (-2.22%).

2024 Avg (September) 0.5142
2023 Avg (September) 0.5259

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5291 0.4977 0.5163
February 0.5241 0.5001 0.5137
March 0.5184 0.4851 0.5084
April 0.5169 0.4810 0.5093
May 0.5150 0.4995 0.5060
June 0.5094 0.4696 0.5004
July 0.5115 0.4896 0.5008
August 0.5389 0.4560 0.5032
September 0.5393 0.4950 0.5142
October 0.5283 0.4603 0.5050
November 0.5178 0.4835 0.5034
December 0.5191 0.4575 0.4899