YEARLY HIGH
0.5280 DKK
YEARLY LOW
0.4899 DKK
YEARLY AVERAGE
0.5086 DKK

2024 BWP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.5280. Conversely, the yearly low was recorded on May 1, dropping to 0.4899.

This high-to-low spread represents a total annual volatility of 0.0381 DKK. From a start-to-finish perspective, comparing the January average rate of 0.5034 to the December average rate of 0.5193, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5280 was down 4.43% compared to the 2023 peak of 0.5525, 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 2,640 DKK
2023 Average 2,580 DKK
Yearly Trough Low 2,450 DKK
Transaction Impact: A difference of 190.42 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5210
0.5006
JanuMarcMayJulySeptNove

BWP to DKK 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 0.5053, compared to 0.5119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.5053
H2 Avg (Jul–Dec) 0.5119

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0204 DKK (High: 0.5103 / Low: 0.4899). On the other end, March was the most stable month, with a tight range of 0.0074 DKK (High: 0.5051 / Low: 0.4977).

May Spread (Volatile) ±0.0204
March Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0028 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5193) against the same month in 2023 (average: 0.5056), the exchange rate shifted by +0.0138 (+2.72%).

2024 Avg (December) 0.5193
2023 Avg (December) 0.5056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5099 0.5000 0.5034
February 0.5101 0.4982 0.5039
March 0.5051 0.4977 0.5023
April 0.5119 0.4924 0.5061
May 0.5103 0.4899 0.5073
June 0.5183 0.4980 0.5088
July 0.5147 0.5048 0.5075
August 0.5110 0.4987 0.5047
September 0.5142 0.5022 0.5072
October 0.5187 0.5106 0.5143
November 0.5243 0.5128 0.5184
December 0.5280 0.5136 0.5193