2024 BWP to SRD Historical Review

YEARLY HIGH

2.7495 SRD

YEARLY LOW

2.1095 SRD

YEARLY AVERAGE

2.4438 SRD

2024 BWP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.7495. Conversely, the yearly low was recorded on August 5, dropping to 2.1095.

This high-to-low spread represents a total annual volatility of 0.6401 SRD. From a start-to-finish perspective, comparing the January average rate of 2.7017 to the December average rate of 2.5680, the exchange rate registered a net change of -4.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7495 was down 6.94% compared to the 2023 peak of 2.9545, 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 13,748 SRD

2023 Average 13,699 SRD

Yearly Trough Low 10,547 SRD

Transaction Impact: A difference of 3,200.38 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7572

2.0915

JanuMarcMayJulySeptNove

BWP to SRD 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 2.5224, compared to 2.3652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1571 points.

H1 Avg (Jan–Jun) 2.5224

H2 Avg (Jul–Dec) 2.3652

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.2527 SRD (High: 2.5720 / Low: 2.3193). On the other end, November was the most stable month, with a tight range of 0.0651 SRD (High: 2.6353 / Low: 2.5703).

October Spread (Volatile) ±0.2527

November Spread (Stable) ±0.0651

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.1198 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.7017) against the same month in 2023 (average: 2.4907), the exchange rate shifted by +0.2109 (+8.47%).

2024 Avg (January) 2.7017

2023 Avg (January) 2.4907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7495	2.6572	2.7017
February	2.7045	2.5586	2.6375
March	2.6178	2.5420	2.5788
April	2.5717	2.3812	2.5176
May	2.4787	2.3457	2.3978
June	2.3546	2.2436	2.3008
July	2.2850	2.1215	2.1916
August	2.1803	2.1095	2.1469
September	2.3582	2.1583	2.2437
October	2.5720	2.3193	2.4424
November	2.6353	2.5703	2.5986
December	2.6068	2.5192	2.5680