YEARLY HIGH
15.1298 LRD
YEARLY LOW
13.0856 LRD
YEARLY AVERAGE
14.1205 LRD

2024 BWP to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 15.1298. Conversely, the yearly low was recorded on December 29, dropping to 13.0856.

This high-to-low spread represents a total annual volatility of 2.0442 LRD. From a start-to-finish perspective, comparing the January average rate of 13.9275 to the December average rate of 13.1662, the exchange rate registered a net change of -5.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.1298 was up 5.92% compared to the 2023 peak of 14.2842, 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 75,649 LRD
2023 Average 65,367 LRD
Yearly Trough Low 65,428 LRD
Transaction Impact: A difference of 10,221.05 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.9299
13.0059
JanuMarcMayJulySeptNove

BWP to LRD 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 14.0665, compared to 14.1746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1081 points.

H1 Avg (Jan–Jun) 14.0665
H2 Avg (Jul–Dec) 14.1746

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.3001 LRD (High: 14.4026 / Low: 13.1025). On the other end, February was the most stable month, with a tight range of 0.2129 LRD (High: 14.0337 / Low: 13.8208).

November Spread (Volatile) ±1.3001
February Spread (Stable) ±0.2129

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 0.8060 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 14.7696) against the same month in 2023 (average: 13.6552), the exchange rate shifted by +1.1143 (+8.16%).

2024 Avg (September) 14.7696
2023 Avg (September) 13.6552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.1048 13.8081 13.9275
February 14.0337 13.8208 13.8950
March 14.2030 13.9266 14.0864
April 14.2379 13.6083 14.0179
May 14.3571 13.6165 14.2297
June 14.4062 14.0549 14.2425
July 14.5082 14.2157 14.3872
August 14.7314 14.3734 14.5795
September 15.1298 14.5402 14.7696
October 14.8558 14.3003 14.4754
November 14.4026 13.1025 13.6694
December 13.3034 13.0856 13.1662