2024 BWP to GNF Historical Review

YEARLY HIGH

665.0705 GNF

YEARLY LOW

605.1400 GNF

YEARLY AVERAGE

635.2705 GNF

2024 BWP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 665.0705. Conversely, the yearly low was recorded on May 1, dropping to 605.1400.

This high-to-low spread represents a total annual volatility of 59.9306 GNF. From a start-to-finish perspective, comparing the January average rate of 632.9169 to the December average rate of 629.2971, the exchange rate registered a net change of -0.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 665.0705 was down 3.99% compared to the 2023 peak of 692.6919, 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 3,325,353 GNF

2023 Average 3,228,196 GNF

Yearly Trough Low 3,025,700 GNF

Transaction Impact: A difference of 299,652.79 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

655.2982

622.0280

JanuMarcMayJulySeptNove

BWP to GNF 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 629.5798, compared to 640.9612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.3813 points.

H1 Avg (Jan–Jun) 629.5798

H2 Avg (Jul–Dec) 640.9612

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 32.8691 GNF (High: 638.0090 / Low: 605.1400). On the other end, July was the most stable month, with a tight range of 10.0355 GNF (High: 638.9821 / Low: 628.9466).

May Spread (Volatile) ±32.8691

July Spread (Stable) ±10.0355

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 11.7020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -11.7020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 648.8568) against the same month in 2023 (average: 626.1654), the exchange rate shifted by +22.6914 (+3.62%).

2024 Avg (October) 648.8568

2023 Avg (October) 626.1654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	643.5217	626.5241	632.9169
February	635.6988	622.8364	627.5564
March	635.4689	624.4403	629.0151
April	633.7993	605.6276	624.8006
May	638.0090	605.1400	631.7553
June	638.8242	625.1322	631.4347
July	638.9821	628.9466	635.4477
August	651.1885	633.4592	642.4848
September	663.0420	644.9347	652.5257
October	665.0705	642.0480	648.8568
November	650.3575	628.8454	637.1548
December	639.0310	618.8449	629.2971