2024 BWP to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 19.2264. Conversely, the yearly low was recorded on May 1, dropping to 17.6262.
This high-to-low spread represents a total annual volatility of 1.6002 YER. From a start-to-finish perspective, comparing the January average rate of 18.4347 to the December average rate of 18.2339, the exchange rate registered a net change of -1.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 19.2264 was down 2.97% compared to the 2023 peak of 19.8154, 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 YER 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 18.3332, compared to 18.5909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2577 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 0.9138 YER (High: 18.5400 / Low: 17.6262). On the other end, March was the most stable month, with a tight range of 0.3211 YER (High: 18.5019 / Low: 18.1808).
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 0.3473 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 18.9048) against the same month in 2023 (average: 18.3447), the exchange rate shifted by +0.5601 (+3.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.7253 | 18.2565 | 18.4347 |
| February | 18.4840 | 18.1385 | 18.2591 |
| March | 18.5019 | 18.1808 | 18.3260 |
| April | 18.4657 | 17.6318 | 18.2088 |
| May | 18.5400 | 17.6262 | 18.3974 |
| June | 18.5941 | 18.0996 | 18.3735 |
| July | 18.6400 | 18.3015 | 18.4789 |
| August | 18.8868 | 18.3955 | 18.6641 |
| September | 19.2264 | 18.6637 | 18.9048 |
| October | 19.1912 | 18.6460 | 18.8055 |
| November | 18.8268 | 18.2029 | 18.4582 |
| December | 18.5277 | 17.8872 | 18.2339 |