2024 BWP to NAD Historical Review

YEARLY HIGH

1.4046 NAD

YEARLY LOW

1.3068 NAD

YEARLY AVERAGE

1.3515 NAD

2024 BWP to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 1.4046. Conversely, the yearly low was recorded on December 12, dropping to 1.3068.

This high-to-low spread represents a total annual volatility of 0.0978 NAD. From a start-to-finish perspective, comparing the January average rate of 1.3833 to the December average rate of 1.3288, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.4046 was down 4.83% compared to the 2023 peak of 1.4759, 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 7,023 NAD

2023 Average 6,925 NAD

Yearly Trough Low 6,534 NAD

Transaction Impact: A difference of 488.76 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.3905

1.3138

JanuMarcMayJulySeptNove

BWP to NAD 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 1.3708, compared to 1.3323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0385 points.

H1 Avg (Jan–Jun) 1.3708

H2 Avg (Jul–Dec) 1.3323

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0668 NAD (High: 1.3877 / Low: 1.3209). On the other end, October was the most stable month, with a tight range of 0.0133 NAD (High: 1.3291 / Low: 1.3158).

April Spread (Volatile) ±0.0668

October Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0221 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.3841) against the same month in 2023 (average: 1.3664), the exchange rate shifted by +0.0178 (+1.30%).

2024 Avg (February) 1.3841

2023 Avg (February) 1.3664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3982	1.3699	1.3833
February	1.4046	1.3632	1.3841
March	1.3915	1.3705	1.3800
April	1.3877	1.3209	1.3736
May	1.3629	1.3121	1.3515
June	1.3851	1.3283	1.3522
July	1.3548	1.3357	1.3460
August	1.3658	1.3309	1.3444
September	1.3430	1.3141	1.3303
October	1.3291	1.3158	1.3202
November	1.3319	1.3091	1.3241
December	1.3504	1.3068	1.3288