2024 BWP to KRW Historical Review

YEARLY HIGH

106.4750 KRW

YEARLY LOW

95.2674 KRW

YEARLY AVERAGE

100.5881 KRW

2024 BWP to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 106.4750. Conversely, the yearly low was recorded on January 1, dropping to 95.2674.

This high-to-low spread represents a total annual volatility of 11.2076 KRW. From a start-to-finish perspective, comparing the January average rate of 97.5435 to the December average rate of 105.0403, the exchange rate registered a net change of 7.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 106.4750 was up 4.00% compared to the 2023 peak of 102.3818, 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 532,375 KRW

2023 Average 489,056 KRW

Yearly Trough Low 476,337 KRW

Transaction Impact: A difference of 56,038.00 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

105.8237

96.4238

JanuMarcMayJulySeptNove

BWP to KRW 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 98.9269, compared to 102.2494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3225 points.

H1 Avg (Jan–Jun) 98.9269

H2 Avg (Jul–Dec) 102.2494

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 4.1957 KRW (High: 101.2161 / Low: 97.0203). On the other end, July was the most stable month, with a tight range of 1.4994 KRW (High: 102.7004 / Low: 101.2010).

May Spread (Volatile) ±4.1957

July Spread (Stable) ±1.4994

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.3874 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.3874

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 105.0403) against the same month in 2023 (average: 96.3608), the exchange rate shifted by +8.6795 (+9.01%).

2024 Avg (December) 105.0403

2023 Avg (December) 96.3608

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	98.4051	95.2674	97.5435
February	98.8567	96.4045	97.2071
March	98.5017	96.6949	97.5337
April	100.8183	97.6082	99.6271
May	101.2161	97.0203	100.2645
June	103.1933	99.2828	101.3854
July	102.7004	101.2010	102.0360
August	101.5961	99.1310	100.6487
September	101.5962	99.5410	100.4431
October	103.6953	100.8642	102.3019
November	105.3685	101.7896	103.0262
December	106.4750	102.7678	105.0403