2024 BWP to SGD Historical Review

YEARLY HIGH

0.1007 SGD

YEARLY LOW

0.0958 SGD

YEARLY AVERAGE

0.0986 SGD

2024 BWP to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 0.1007. Conversely, the yearly low was recorded on May 1, dropping to 0.0958.

This high-to-low spread represents a total annual volatility of 0.0049 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0984 to the December average rate of 0.0985, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1007 was down 4.49% compared to the 2023 peak of 0.1054, 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 503 SGD

2023 Average 503 SGD

Yearly Trough Low 479 SGD

Transaction Impact: A difference of 24.46 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0995

0.0977

JanuMarcMayJulySeptNove

BWP to SGD 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 0.0987, compared to 0.0985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0987

H2 Avg (Jul–Dec) 0.0985

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0042 SGD (High: 0.1000 / Low: 0.0958). On the other end, March was the most stable month, with a tight range of 0.0009 SGD (High: 0.0986 / Low: 0.0977).

May Spread (Volatile) ±0.0042

March Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0993) against the same month in 2023 (average: 0.1002), the exchange rate shifted by -0.0009 (-0.91%).

2024 Avg (June) 0.0993

2023 Avg (June) 0.1002

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0992	0.0978	0.0984
February	0.0992	0.0974	0.0981
March	0.0986	0.0977	0.0982
April	0.0998	0.0961	0.0987
May	0.1000	0.0958	0.0993
June	0.1007	0.0978	0.0993
July	0.1006	0.0986	0.0993
August	0.0989	0.0973	0.0981
September	0.0987	0.0970	0.0978
October	0.0992	0.0979	0.0984
November	0.0999	0.0979	0.0987
December	0.0999	0.0975	0.0985