YEARLY HIGH
2.0557 BWP
YEARLY LOW
1.8777 BWP
YEARLY AVERAGE
1.9616 BWP

2024 BOB to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 2.0557. Conversely, the yearly low was recorded on September 30, dropping to 1.8777.

This high-to-low spread represents a total annual volatility of 0.1780 BWP. From a start-to-finish perspective, comparing the January average rate of 1.9657 to the December average rate of 1.9850, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0557 was up 2.28% compared to the 2023 peak of 2.0099, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,279 BWP
2023 Average 9,667 BWP
Yearly Trough Low 9,388 BWP
Transaction Impact: A difference of 890.07 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.9941
1.9084
JanuMarcMayJulySeptNove

BOB to BWP 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 1.9756, compared to 1.9475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0281 points.

H1 Avg (Jan–Jun) 1.9756
H2 Avg (Jul–Dec) 1.9475

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1054 BWP (High: 2.0557 / Low: 1.9503). On the other end, July was the most stable month, with a tight range of 0.0307 BWP (High: 1.9798 / Low: 1.9491).

May Spread (Volatile) ±0.1054
July Spread (Stable) ±0.0307

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0271 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1.9688) against the same month in 2023 (average: 1.9502), the exchange rate shifted by +0.0186 (+0.95%).

2024 Avg (May) 1.9688
2023 Avg (May) 1.9502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9851 1.9334 1.9657
February 1.9976 1.9596 1.9831
March 1.9991 1.9553 1.9773
April 2.0542 1.9622 1.9869
May 2.0557 1.9503 1.9688
June 1.9932 1.9505 1.9719
July 1.9798 1.9491 1.9611
August 1.9691 1.9177 1.9426
September 1.9401 1.8777 1.9155
October 1.9440 1.8893 1.9240
November 1.9866 1.9151 1.9571
December 2.0212 1.9544 1.9850