2024 BWP to JMD Historical Review

YEARLY HIGH

12.0786 JMD

YEARLY LOW

10.9836 JMD

YEARLY AVERAGE

11.5354 JMD

2024 BWP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 12.0786. Conversely, the yearly low was recorded on May 1, dropping to 10.9836.

This high-to-low spread represents a total annual volatility of 1.0950 JMD. From a start-to-finish perspective, comparing the January average rate of 11.4188 to the December average rate of 11.4055, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.0786 was down 0.41% compared to the 2023 peak of 12.1286, 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 60,393 JMD

2023 Average 57,698 JMD

Yearly Trough Low 54,918 JMD

Transaction Impact: A difference of 5,475.02 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.9590

11.2164

JanuMarcMayJulySeptNove

BWP to JMD 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 11.3888, compared to 11.6821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2933 points.

H1 Avg (Jan–Jun) 11.3888

H2 Avg (Jul–Dec) 11.6821

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.5958 JMD (High: 11.5794 / Low: 10.9836). On the other end, February was the most stable month, with a tight range of 0.2110 JMD (High: 11.5206 / Low: 11.3096).

May Spread (Volatile) ±0.5958

February Spread (Stable) ±0.2110

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.3001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 11.8613) against the same month in 2023 (average: 11.3244), the exchange rate shifted by +0.5369 (+4.74%).

2024 Avg (September) 11.8613

2023 Avg (September) 11.3244

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5469	11.3099	11.4188
February	11.5206	11.3096	11.4082
March	11.4657	11.1856	11.3145
April	11.4244	10.9984	11.2782
May	11.5794	10.9836	11.4891
June	11.5554	11.2896	11.4238
July	11.6411	11.4105	11.5418
August	11.8386	11.5254	11.6815
September	12.0786	11.6546	11.8613
October	12.0601	11.7787	11.8971
November	11.9627	11.5327	11.7056
December	11.5872	11.1757	11.4055