2024 BWP to MYR Historical Review

YEARLY HIGH

0.3503 MYR

YEARLY LOW

0.3140 MYR

YEARLY AVERAGE

0.3374 MYR

2024 BWP to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.3503. Conversely, the yearly low was recorded on September 25, dropping to 0.3140.

This high-to-low spread represents a total annual volatility of 0.0363 MYR. From a start-to-finish perspective, comparing the January average rate of 0.3448 to the December average rate of 0.3253, the exchange rate registered a net change of -5.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3503 was down 0.60% compared to the 2023 peak of 0.3524, 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 1,751 MYR

2023 Average 1,707 MYR

Yearly Trough Low 1,570 MYR

Transaction Impact: A difference of 181.45 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3503

0.3190

JanuMarcMayJulySeptNove

BWP to MYR 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 0.3461, compared to 0.3286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 0.3461

H2 Avg (Jul–Dec) 0.3286

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0145 MYR (High: 0.3502 / Low: 0.3357). On the other end, March was the most stable month, with a tight range of 0.0048 MYR (High: 0.3485 / Low: 0.3437).

April Spread (Volatile) ±0.0145

March Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0165 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3477) against the same month in 2023 (average: 0.3336), the exchange rate shifted by +0.0141 (+4.22%).

2024 Avg (February) 0.3477

2023 Avg (February) 0.3336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3482	0.3400	0.3448
February	0.3503	0.3444	0.3477
March	0.3485	0.3437	0.3453
April	0.3502	0.3357	0.3465
May	0.3491	0.3360	0.3468
June	0.3500	0.3390	0.3457
July	0.3492	0.3397	0.3456
August	0.3375	0.3242	0.3291
September	0.3266	0.3140	0.3216
October	0.3273	0.3177	0.3228
November	0.3303	0.3249	0.3273
December	0.3284	0.3201	0.3253