2024 BWP to HTG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to HTG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 10.1208. Conversely, the yearly low was recorded on May 1, dropping to 9.3336.
This high-to-low spread represents a total annual volatility of 0.7872 HTG. From a start-to-finish perspective, comparing the January average rate of 9.6941 to the December average rate of 9.5388, the exchange rate registered a net change of -1.60% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 10.1208 was down 15.33% compared to the 2023 peak of 11.9536, 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 HTG 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 9.6928, compared to 9.7796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0868 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 0.5271 HTG (High: 9.8607 / Low: 9.3336). On the other end, July was the most stable month, with a tight range of 0.1326 HTG (High: 9.8215 / Low: 9.6889).
Growth Streaks & Declines
TrendsBetween 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 0.1952 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 9.9587) against the same month in 2023 (average: 9.9130), the exchange rate shifted by +0.0457 (+0.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.8704 | 9.5928 | 9.6941 |
| February | 9.7117 | 9.5591 | 9.6352 |
| March | 9.7979 | 9.6252 | 9.6997 |
| April | 9.7790 | 9.3420 | 9.6394 |
| May | 9.8607 | 9.3336 | 9.7535 |
| June | 9.8356 | 9.6361 | 9.7348 |
| July | 9.8215 | 9.6889 | 9.7510 |
| August | 9.9478 | 9.6962 | 9.8193 |
| September | 10.1208 | 9.8216 | 9.9587 |
| October | 10.1080 | 9.8115 | 9.9024 |
| November | 9.9217 | 9.5724 | 9.7072 |
| December | 9.6887 | 9.3529 | 9.5388 |