2024 BWP to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 46.4215. Conversely, the yearly low was recorded on May 1, dropping to 43.0901.
This high-to-low spread represents a total annual volatility of 3.3314 XOF. From a start-to-finish perspective, comparing the January average rate of 44.2730 to the December average rate of 45.6720, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 46.4215 was down 4.74% compared to the 2023 peak of 48.7314, 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 XOF 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 44.4323, compared to 45.0043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5720 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 1.7950 XOF (High: 45.5837 / Low: 43.7887). On the other end, March was the most stable month, with a tight range of 0.6664 XOF (High: 44.4418 / Low: 43.7754).
Growth Streaks & Declines
TrendsBetween August and December, 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 July and August, when the average rate fell by 0.2459 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 45.6720) against the same month in 2023 (average: 44.4658), the exchange rate shifted by +1.2062 (+2.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.8592 | 43.9722 | 44.2730 |
| February | 44.8495 | 43.8394 | 44.3304 |
| March | 44.4418 | 43.7754 | 44.1675 |
| April | 44.9936 | 43.3088 | 44.4952 |
| May | 44.8809 | 43.0901 | 44.5959 |
| June | 45.5837 | 43.7887 | 44.7319 |
| July | 45.2683 | 44.3628 | 44.6071 |
| August | 44.9196 | 43.8116 | 44.3613 |
| September | 45.2436 | 44.1478 | 44.5863 |
| October | 45.6124 | 44.9008 | 45.2170 |
| November | 46.0978 | 45.1039 | 45.5822 |
| December | 46.4215 | 45.1662 | 45.6720 |