2024 BWP to HKD Historical Review

YEARLY HIGH

0.5971 HKD

YEARLY LOW

0.5508 HKD

YEARLY AVERAGE

0.5756 HKD

2024 BWP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.5971. Conversely, the yearly low was recorded on May 1, dropping to 0.5508.

This high-to-low spread represents a total annual volatility of 0.0463 HKD. From a start-to-finish perspective, comparing the January average rate of 0.5756 to the December average rate of 0.5668, the exchange rate registered a net change of -1.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5971 was down 3.56% compared to the 2023 peak of 0.6192, 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 2,986 HKD

2023 Average 2,932 HKD

Yearly Trough Low 2,754 HKD

Transaction Impact: A difference of 231.72 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5905

0.5647

JanuMarcMayJulySeptNove

BWP to HKD 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 0.5726, compared to 0.5785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.5726

H2 Avg (Jul–Dec) 0.5785

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0282 HKD (High: 0.5790 / Low: 0.5508). On the other end, March was the most stable month, with a tight range of 0.0097 HKD (High: 0.5783 / Low: 0.5686).

May Spread (Volatile) ±0.0282

March Spread (Stable) ±0.0097

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 0.0090 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5884) against the same month in 2023 (average: 0.5738), the exchange rate shifted by +0.0146 (+2.54%).

2024 Avg (September) 0.5884

2023 Avg (September) 0.5738

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5848	0.5701	0.5756
February	0.5775	0.5672	0.5706
March	0.5783	0.5686	0.5727
April	0.5775	0.5510	0.5695
May	0.5790	0.5508	0.5742
June	0.5797	0.5646	0.5732
July	0.5814	0.5709	0.5765
August	0.5884	0.5728	0.5813
September	0.5971	0.5818	0.5884
October	0.5958	0.5789	0.5836
November	0.5859	0.5670	0.5746
December	0.5754	0.5561	0.5668