2024 BWP to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 1222.8185. Conversely, the yearly low was recorded on February 25, dropping to 1130.6941.
This high-to-low spread represents a total annual volatility of 92.1243 IDR. From a start-to-finish perspective, comparing the January average rate of 1150.2619 to the December average rate of 1171.4095, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1222.8185 was down 0.34% compared to the 2023 peak of 1227.0208, 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 IDR 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 1166.0816, compared to 1174.2611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.1795 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 58.5857 IDR (High: 1198.7146 / Low: 1140.1288). On the other end, March was the most stable month, with a tight range of 19.3333 IDR (High: 1159.7477 / Low: 1140.4144).
Growth Streaks & Declines
TrendsBetween February and June, 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 24.7419 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 1200.8077) against the same month in 2023 (average: 1112.0864), the exchange rate shifted by +88.7213 (+7.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1164.4876 | 1141.8379 | 1150.2619 |
| February | 1161.4755 | 1130.6941 | 1142.6719 |
| March | 1159.7477 | 1140.4144 | 1150.3913 |
| April | 1184.2492 | 1146.3931 | 1171.3706 |
| May | 1198.7146 | 1140.1288 | 1180.9860 |
| June | 1222.8185 | 1176.4445 | 1200.8077 |
| July | 1214.7778 | 1192.4845 | 1199.4134 |
| August | 1203.1211 | 1152.3582 | 1174.6716 |
| September | 1170.1912 | 1146.5361 | 1157.7927 |
| October | 1191.3494 | 1160.1071 | 1172.3993 |
| November | 1187.1398 | 1159.1589 | 1169.8798 |
| December | 1190.6396 | 1162.2901 | 1171.4095 |