YEARLY HIGH
0.2821 AED
YEARLY LOW
0.2586 AED
YEARLY AVERAGE
0.2709 AED

2024 BWP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.2821. Conversely, the yearly low was recorded on May 1, dropping to 0.2586.

This high-to-low spread represents a total annual volatility of 0.0235 AED. From a start-to-finish perspective, comparing the January average rate of 0.2705 to the December average rate of 0.2678, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2821 was down 2.97% compared to the 2023 peak of 0.2908, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,411 AED
2023 Average 1,376 AED
Yearly Trough Low 1,293 AED
Transaction Impact: A difference of 117.72 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2784
0.2661
JanuMarcMayJulySeptNove

BWP to AED 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 0.2690, compared to 0.2729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.2690
H2 Avg (Jul–Dec) 0.2729

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0139 AED (High: 0.2725 / Low: 0.2586). On the other end, March was the most stable month, with a tight range of 0.0047 AED (High: 0.2715 / Low: 0.2668).

May Spread (Volatile) ±0.0139
March Spread (Stable) ±0.0047

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 October and November, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2774) against the same month in 2023 (average: 0.2692), the exchange rate shifted by +0.0082 (+3.06%).

2024 Avg (September) 0.2774
2023 Avg (September) 0.2692

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2748 0.2678 0.2705
February 0.2712 0.2662 0.2679
March 0.2715 0.2668 0.2688
April 0.2708 0.2587 0.2671
May 0.2725 0.2586 0.2700
June 0.2728 0.2655 0.2695
July 0.2735 0.2685 0.2711
August 0.2771 0.2699 0.2738
September 0.2821 0.2739 0.2774
October 0.2816 0.2736 0.2759
November 0.2768 0.2676 0.2713
December 0.2718 0.2630 0.2678