2024 EGP to BWP Historical Review

YEARLY HIGH

0.4467 BWP

YEARLY LOW

0.2659 BWP

YEARLY AVERAGE

0.3086 BWP

2024 EGP to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 29, valuing the pair at 0.4467. Conversely, the yearly low was recorded on December 12, dropping to 0.2659.

This high-to-low spread represents a total annual volatility of 0.1808 BWP. From a start-to-finish perspective, comparing the January average rate of 0.4397 to the December average rate of 0.2713, the exchange rate registered a net change of -38.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4467 was down 14.00% compared to the 2023 peak of 0.5194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,233 BWP

2023 Average 2,180 BWP

Yearly Trough Low 1,330 BWP

Transaction Impact: A difference of 903.79 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4607

0.2540

JanuMarcMayJulySeptNove

EGP 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 0.3425, compared to 0.2747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0678 points.

H1 Avg (Jan–Jun) 0.3425

H2 Avg (Jul–Dec) 0.2747

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1714 BWP (High: 0.4461 / Low: 0.2746). On the other end, October was the most stable month, with a tight range of 0.0053 BWP (High: 0.2757 / Low: 0.2704).

March Spread (Volatile) ±0.1714

October Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 0.1325 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.4435) against the same month in 2023 (average: 0.4294), the exchange rate shifted by +0.0141 (+3.29%).

2024 Avg (February) 0.4435

2023 Avg (February) 0.4294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4437	0.4321	0.4397
February	0.4467	0.4380	0.4435
March	0.4461	0.2746	0.3110
April	0.2966	0.2842	0.2876
May	0.2979	0.2832	0.2877
June	0.2907	0.2802	0.2857
July	0.2842	0.2785	0.2812
August	0.2781	0.2716	0.2743
September	0.2770	0.2696	0.2733
October	0.2757	0.2704	0.2740
November	0.2779	0.2693	0.2743
December	0.2749	0.2659	0.2713