2024 BWP to TOP Historical Review

YEARLY HIGH

0.1796 TOP

YEARLY LOW

0.1677 TOP

YEARLY AVERAGE

0.1747 TOP

2024 BWP to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.1796. Conversely, the yearly low was recorded on April 30, dropping to 0.1677.

This high-to-low spread represents a total annual volatility of 0.0119 TOP. From a start-to-finish perspective, comparing the January average rate of 0.1734 to the December average rate of 0.1746, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1796 was down 2.90% compared to the 2023 peak of 0.1850, 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 898 TOP

2023 Average 885 TOP

Yearly Trough Low 838 TOP

Transaction Impact: A difference of 59.57 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1779

0.1723

JanuMarcMayJulySeptNove

BWP to TOP 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 0.1734, compared to 0.1761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1734

H2 Avg (Jul–Dec) 0.1761

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0084 TOP (High: 0.1761 / Low: 0.1677). On the other end, January was the most stable month, with a tight range of 0.0023 TOP (High: 0.1744 / Low: 0.1722).

April Spread (Volatile) ±0.0084

January Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1766) against the same month in 2023 (average: 0.1764), the exchange rate shifted by +0.0002 (+0.13%).

2024 Avg (November) 0.1766

2023 Avg (November) 0.1764

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1744	0.1722	0.1734
February	0.1750	0.1711	0.1727
March	0.1745	0.1720	0.1734
April	0.1761	0.1677	0.1734
May	0.1756	0.1681	0.1741
June	0.1753	0.1700	0.1731
July	0.1764	0.1727	0.1747
August	0.1779	0.1750	0.1763
September	0.1792	0.1748	0.1771
October	0.1789	0.1765	0.1775
November	0.1796	0.1745	0.1766
December	0.1772	0.1714	0.1746