2024 BWP to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 1711.5362. Conversely, the yearly low was recorded on May 1, dropping to 1568.7755.
This high-to-low spread represents a total annual volatility of 142.7607 STD. From a start-to-finish perspective, comparing the January average rate of 1640.7780 to the December average rate of 1624.6701, 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 1711.5362 was down 5.28% compared to the 2023 peak of 1806.8951, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BWP to STD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1631.8316, compared to 1655.4531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.6215 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 84.3047 STD (High: 1653.0802 / Low: 1568.7755). On the other end, March was the most stable month, with a tight range of 28.7446 STD (High: 1647.0459 / Low: 1618.3013).
Growth Streaks & Declines
TrendsBetween 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 28.1164 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 1682.7041) against the same month in 2023 (average: 1632.7828), the exchange rate shifted by +49.9213 (+3.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1667.2655 | 1624.8725 | 1640.7780 |
| February | 1645.1234 | 1614.6925 | 1625.4679 |
| March | 1647.0459 | 1618.3013 | 1630.9957 |
| April | 1643.3320 | 1569.1198 | 1620.5040 |
| May | 1653.0802 | 1568.7755 | 1638.0862 |
| June | 1654.9210 | 1610.4321 | 1635.1577 |
| July | 1659.1715 | 1628.8845 | 1644.6943 |
| August | 1681.1417 | 1637.2491 | 1661.2165 |
| September | 1711.5362 | 1661.4456 | 1682.7041 |
| October | 1708.2355 | 1659.7066 | 1673.7749 |
| November | 1679.1584 | 1623.4279 | 1645.6585 |
| December | 1648.8500 | 1595.2098 | 1624.6701 |