YEARLY HIGH
6.9737 BOB
YEARLY LOW
6.8480 BOB
YEARLY AVERAGE
6.9123 BOB

2024 USD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the USD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 6.9737. Conversely, the yearly low was recorded on August 4, dropping to 6.8480.

This high-to-low spread represents a total annual volatility of 0.1257 BOB. From a start-to-finish perspective, comparing the January average rate of 6.9089 to the December average rate of 6.9100, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.9737 was down 0.01% compared to the 2023 peak of 6.9743, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,868 BOB
2023 Average 34,538 BOB
Yearly Trough Low 34,240 BOB
Transaction Impact: A difference of 628.56 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.9223
6.9036
JanuMarcMayJulySeptNove

USD 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 6.9120, compared to 6.9126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 6.9120
H2 Avg (Jul–Dec) 6.9126

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0857 BOB (High: 6.9337 / Low: 6.8480). On the other end, July was the most stable month, with a tight range of 0.0262 BOB (High: 6.9163 / Low: 6.8901).

August Spread (Volatile) ±0.0857
July Spread (Stable) ±0.0262

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0112 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 6.9126) against the same month in 2023 (average: 6.9108), the exchange rate shifted by +0.0018 (+0.03%).

2024 Avg (February) 6.9126
2023 Avg (February) 6.9108

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9295 6.8908 6.9089
February 6.9737 6.8958 6.9126
March 6.9364 6.8793 6.9094
April 6.9523 6.9008 6.9208
May 6.9224 6.8735 6.9096
June 6.9554 6.8933 6.9108
July 6.9163 6.8901 6.9085
August 6.9337 6.8480 6.9052
September 6.9383 6.8931 6.9134
October 6.9394 6.9040 6.9193
November 6.9641 6.8788 6.9193
December 6.9330 6.8826 6.9100