2024 BWP to MGA Historical Review

YEARLY HIGH

349.8513 MGA

YEARLY LOW

312.5937 MGA

YEARLY AVERAGE

334.5844 MGA

2024 BWP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 349.8513. Conversely, the yearly low was recorded on April 30, dropping to 312.5937.

This high-to-low spread represents a total annual volatility of 37.2576 MGA. From a start-to-finish perspective, comparing the January average rate of 336.0772 to the December average rate of 342.6725, the exchange rate registered a net change of 1.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 349.8513 was down 1.92% compared to the 2023 peak of 356.6977, 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 1,749,256 MGA

2023 Average 1,666,653 MGA

Yearly Trough Low 1,562,968 MGA

Transaction Impact: A difference of 186,287.87 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

347.3557

317.1800

JanuMarcMayJulySeptNove

BWP to MGA 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 328.0047, compared to 341.1641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.1595 points.

H1 Avg (Jan–Jun) 328.0047

H2 Avg (Jul–Dec) 341.1641

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 15.3294 MGA (High: 328.2495 / Low: 312.9201). On the other end, October was the most stable month, with a tight range of 5.8681 MGA (High: 348.4427 / Low: 342.5746).

May Spread (Volatile) ±15.3294

October Spread (Stable) ±5.8681

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 7.3114 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -7.3114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 342.6725) against the same month in 2023 (average: 339.3096), the exchange rate shifted by +3.3629 (+0.99%).

2024 Avg (December) 342.6725

2023 Avg (December) 339.3096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	343.7496	331.6681	336.0772
February	335.0155	327.9436	331.1897
March	332.7102	317.7769	327.0061
April	323.9269	312.5937	319.6947
May	328.2495	312.9201	325.8598
June	335.9501	322.5210	328.2007
July	337.0633	326.7689	332.5441
August	344.8150	334.4186	340.3851
September	348.6015	339.3030	343.0538
October	348.4427	342.5746	344.8411
November	349.6708	339.5226	343.4883
December	349.8513	335.2789	342.6725