2024 BWP to NOK Historical Review

YEARLY HIGH

0.8343 NOK

YEARLY LOW

0.7577 NOK

YEARLY AVERAGE

0.7932 NOK

2024 BWP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.8343. Conversely, the yearly low was recorded on January 1, dropping to 0.7577.

This high-to-low spread represents a total annual volatility of 0.0766 NOK. From a start-to-finish perspective, comparing the January average rate of 0.7658 to the December average rate of 0.8189, the exchange rate registered a net change of 6.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8343 was up 0.67% compared to the 2023 peak of 0.8287, 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 4,171 NOK

2023 Average 3,954 NOK

Yearly Trough Low 3,788 NOK

Transaction Impact: A difference of 383.04 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8242

0.7605

JanuMarcMayJulySeptNove

BWP to NOK 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 0.7791, compared to 0.8073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0282 points.

H1 Avg (Jan–Jun) 0.7791

H2 Avg (Jul–Dec) 0.8073

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0423 NOK (High: 0.8139 / Low: 0.7716). On the other end, January was the most stable month, with a tight range of 0.0169 NOK (High: 0.7746 / Low: 0.7577).

July Spread (Volatile) ±0.0423

January Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

Between June and December, 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 May and June, when the average rate fell by 0.0106 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8189) against the same month in 2023 (average: 0.7785), the exchange rate shifted by +0.0403 (+5.18%).

2024 Avg (December) 0.8189

2023 Avg (December) 0.7785

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7746	0.7577	0.7658
February	0.7838	0.7621	0.7697
March	0.7915	0.7640	0.7771
April	0.8017	0.7828	0.7933
May	0.8027	0.7669	0.7896
June	0.7869	0.7634	0.7790
July	0.8139	0.7716	0.7970
August	0.8174	0.7829	0.7976
September	0.8141	0.7908	0.8012
October	0.8238	0.8007	0.8132
November	0.8289	0.8055	0.8160
December	0.8343	0.8087	0.8189