2024 XCD to BOB Historical Review

YEARLY HIGH

2.5804 BOB

YEARLY LOW

2.5339 BOB

YEARLY AVERAGE

2.5577 BOB

2024 XCD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.5804. Conversely, the yearly low was recorded on August 4, dropping to 2.5339.

This high-to-low spread represents a total annual volatility of 0.0465 BOB. From a start-to-finish perspective, comparing the January average rate of 2.5564 to the December average rate of 2.5568, 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 2.5804 was down 0.01% compared to the 2023 peak of 2.5806, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,902 BOB

2023 Average 12,780 BOB

Yearly Trough Low 12,669 BOB

Transaction Impact: A difference of 232.58 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5614

2.5545

JanuMarcMayJulySeptNove

XCD 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 2.5576, compared to 2.5578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 2.5576

H2 Avg (Jul–Dec) 2.5578

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0317 BOB (High: 2.5656 / Low: 2.5339). On the other end, July was the most stable month, with a tight range of 0.0097 BOB (High: 2.5592 / Low: 2.5495).

August Spread (Volatile) ±0.0317

July Spread (Stable) ±0.0097

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 0.0041 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.5578) against the same month in 2023 (average: 2.5571), the exchange rate shifted by +0.0007 (+0.03%).

2024 Avg (February) 2.5578

2023 Avg (February) 2.5571

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5641	2.5497	2.5564
February	2.5804	2.5516	2.5578
March	2.5666	2.5455	2.5566
April	2.5725	2.5534	2.5608
May	2.5614	2.5433	2.5567
June	2.5736	2.5507	2.5572
July	2.5592	2.5495	2.5563
August	2.5656	2.5339	2.5551
September	2.5673	2.5506	2.5581
October	2.5677	2.5546	2.5603
November	2.5769	2.5453	2.5603
December	2.5654	2.5467	2.5568