2024 CVE to BWP Historical Review

YEARLY HIGH

0.1381 BWP

YEARLY LOW

0.1286 BWP

YEARLY AVERAGE

0.1329 BWP

2024 CVE to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1381. Conversely, the yearly low was recorded on December 12, dropping to 0.1286.

This high-to-low spread represents a total annual volatility of 0.0095 BWP. From a start-to-finish perspective, comparing the January average rate of 0.1343 to the December average rate of 0.1303, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1381 was up 2.29% compared to the 2023 peak of 0.1350, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 691 BWP

2023 Average 654 BWP

Yearly Trough Low 643 BWP

Transaction Impact: A difference of 47.40 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1349

0.1299

JanuMarcMayJulySeptNove

CVE to BWP 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 0.1338, compared to 0.1321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1338

H2 Avg (Jul–Dec) 0.1321

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0063 BWP (High: 0.1374 / Low: 0.1311). On the other end, March was the most stable month, with a tight range of 0.0019 BWP (High: 0.1355 / Low: 0.1337).

May Spread (Volatile) ±0.0063

March Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1339) against the same month in 2023 (average: 0.1303), the exchange rate shifted by +0.0035 (+2.70%).

2024 Avg (April) 0.1339

2023 Avg (April) 0.1303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1353	0.1331	0.1343
February	0.1355	0.1327	0.1340
March	0.1355	0.1337	0.1345
April	0.1381	0.1328	0.1339
May	0.1374	0.1311	0.1332
June	0.1358	0.1303	0.1329
July	0.1342	0.1310	0.1332
August	0.1350	0.1319	0.1337
September	0.1341	0.1317	0.1332
October	0.1325	0.1303	0.1314
November	0.1330	0.1289	0.1305
December	0.1320	0.1286	0.1303