YEARLY HIGH
0.2871 PEN
YEARLY LOW
0.2641 PEN
YEARLY AVERAGE
0.2768 PEN

2024 BWP to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.2871. Conversely, the yearly low was recorded on April 30, dropping to 0.2641.

This high-to-low spread represents a total annual volatility of 0.0230 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2748 to the December average rate of 0.2721, the exchange rate registered a net change of -0.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2871 was down 6.27% compared to the 2023 peak of 0.3063, 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 1,436 PEN
2023 Average 1,401 PEN
Yearly Trough Low 1,321 PEN
Transaction Impact: A difference of 115.16 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2861
0.2688
JanuMarcMayJulySeptNove

BWP to PEN 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 0.2747, compared to 0.2790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.2747
H2 Avg (Jul–Dec) 0.2790

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0120 PEN (High: 0.2770 / Low: 0.2650). On the other end, October was the most stable month, with a tight range of 0.0042 PEN (High: 0.2842 / Low: 0.2800).

May Spread (Volatile) ±0.0120
October Spread (Stable) ±0.0042

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 February and March, when the average rate fell by 0.0074 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2847) against the same month in 2023 (average: 0.2729), the exchange rate shifted by +0.0118 (+4.31%).

2024 Avg (September) 0.2847
2023 Avg (September) 0.2729

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2803 0.2710 0.2748
February 0.2831 0.2745 0.2793
March 0.2757 0.2682 0.2719
April 0.2729 0.2641 0.2702
May 0.2770 0.2650 0.2743
June 0.2825 0.2717 0.2776
July 0.2843 0.2748 0.2778
August 0.2830 0.2735 0.2785
September 0.2871 0.2805 0.2847
October 0.2842 0.2800 0.2818
November 0.2841 0.2747 0.2792
December 0.2759 0.2681 0.2721