YEARLY HIGH
0.5410 CNY
YEARLY LOW
0.5098 CNY
YEARLY AVERAGE
0.5294 CNY

2024 BWP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.5410. Conversely, the yearly low was recorded on May 1, dropping to 0.5098.

This high-to-low spread represents a total annual volatility of 0.0312 CNY. From a start-to-finish perspective, comparing the January average rate of 0.5236 to the December average rate of 0.5309, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5410 was down 2.03% compared to the 2023 peak of 0.5523, 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 2,705 CNY
2023 Average 2,648 CNY
Yearly Trough Low 2,549 CNY
Transaction Impact: A difference of 156.11 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5370
0.5208
JanuMarcMayJulySeptNove

BWP to CNY 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 0.5258, compared to 0.5330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.5258
H2 Avg (Jul–Dec) 0.5330

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0256 CNY (High: 0.5392 / Low: 0.5137). On the other end, September was the most stable month, with a tight range of 0.0084 CNY (High: 0.5391 / Low: 0.5307).

June Spread (Volatile) ±0.0256
September Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.5322) against the same month in 2023 (average: 0.5331), the exchange rate shifted by -0.0009 (-0.18%).

2024 Avg (November) 0.5322
2023 Avg (November) 0.5331

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5312 0.5171 0.5236
February 0.5310 0.5182 0.5222
March 0.5309 0.5209 0.5268
April 0.5334 0.5100 0.5257
May 0.5347 0.5098 0.5269
June 0.5392 0.5137 0.5296
July 0.5399 0.5282 0.5356
August 0.5376 0.5237 0.5328
September 0.5391 0.5307 0.5342
October 0.5391 0.5284 0.5325
November 0.5410 0.5268 0.5322
December 0.5379 0.5225 0.5309