2024 BWP to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 75.3374. Conversely, the yearly low was recorded on January 5, dropping to 59.7726.
This high-to-low spread represents a total annual volatility of 15.5648 ARS. From a start-to-finish perspective, comparing the January average rate of 60.2113 to the December average rate of 74.3594, the exchange rate registered a net change of 23.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 75.3374 was up 24.79% compared to the 2023 peak of 60.3718, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BWP to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 62.9726, compared to 72.0716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.0990 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 4.5208 ARS (High: 65.9722 / Low: 61.4514). On the other end, February was the most stable month, with a tight range of 0.7856 ARS (High: 61.2093 / Low: 60.4237).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 74.3594) against the same month in 2023 (average: 46.8884), the exchange rate shifted by +27.4710 (+58.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60.8460 | 59.7726 | 60.2113 |
| February | 61.2093 | 60.4237 | 60.8488 |
| March | 62.6913 | 61.1498 | 62.2577 |
| April | 63.9289 | 61.7667 | 63.1101 |
| May | 65.9722 | 61.4514 | 65.0987 |
| June | 67.2280 | 65.2799 | 66.3089 |
| July | 68.8081 | 66.8003 | 68.0549 |
| August | 71.6951 | 68.7392 | 70.1311 |
| September | 74.4054 | 71.2465 | 72.5230 |
| October | 74.3469 | 73.0904 | 73.5601 |
| November | 74.9980 | 72.7264 | 73.8011 |
| December | 75.3374 | 73.7999 | 74.3594 |