YEARLY HIGH
1610.7342 SLL
YEARLY LOW
1476.3815 SLL
YEARLY AVERAGE
1546.8390 SLL

2024 BWP to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 1610.7342. Conversely, the yearly low was recorded on May 1, dropping to 1476.3815.

This high-to-low spread represents a total annual volatility of 134.3527 SLL. From a start-to-finish perspective, comparing the January average rate of 1544.1434 to the December average rate of 1528.9842, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1610.7342 was up 0.02% compared to the 2023 peak of 1610.3951, 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 8,053,671 SLL
2023 Average 7,140,372 SLL
Yearly Trough Low 7,381,908 SLL
Transaction Impact: A difference of 671,763.61 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1589.4539
1519.2098
JanuMarcMayJulySeptNove

BWP to SLL 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 1535.7239, compared to 1557.9541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.2303 points.

H1 Avg (Jan–Jun) 1535.7239
H2 Avg (Jul–Dec) 1557.9541

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 79.3395 SLL (High: 1555.7210 / Low: 1476.3815). On the other end, March was the most stable month, with a tight range of 27.0516 SLL (High: 1550.0421 / Low: 1522.9905).

May Spread (Volatile) ±79.3395
March Spread (Stable) ±27.0516

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 26.4604 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -26.4604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1583.6002) against the same month in 2023 (average: 1536.6190), the exchange rate shifted by +46.9812 (+3.06%).

2024 Avg (September) 1583.6002
2023 Avg (September) 1536.6190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1569.0709 1529.1746 1544.1434
February 1548.2329 1519.5942 1529.7350
March 1550.0421 1522.9905 1534.9372
April 1546.5469 1476.7056 1525.0635
May 1555.7210 1476.3815 1541.6101
June 1557.4534 1515.5847 1538.8541
July 1561.4536 1532.9504 1547.8291
August 1582.1299 1540.8224 1563.3781
September 1610.7342 1563.5938 1583.6002
October 1607.6279 1561.9572 1575.1969
November 1580.2633 1527.8152 1548.7365
December 1551.7400 1501.2590 1528.9842