2024 ERN to BWP Historical Review

YEARLY HIGH

14.2033 BWP

YEARLY LOW

13.0186 BWP

YEARLY AVERAGE

13.5589 BWP

2024 ERN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ERN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 14.2033. Conversely, the yearly low was recorded on September 30, dropping to 13.0186.

This high-to-low spread represents a total annual volatility of 1.1847 BWP. From a start-to-finish perspective, comparing the January average rate of 13.5805 to the December average rate of 13.7160, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.2033 was up 2.55% compared to the 2023 peak of 13.8506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,017 BWP

2023 Average 66,778 BWP

Yearly Trough Low 65,093 BWP

Transaction Impact: A difference of 5,923.55 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.8021

13.1917

JanuMarcMayJulySeptNove

ERN 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 13.6554, compared to 13.4624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1930 points.

H1 Avg (Jan–Jun) 13.6554

H2 Avg (Jul–Dec) 13.4624

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.7243 BWP (High: 14.2033 / Low: 13.4790). On the other end, March was the most stable month, with a tight range of 0.2403 BWP (High: 13.7686 / Low: 13.5283).

May Spread (Volatile) ±0.7243

March Spread (Stable) ±0.2403

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.1714 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 13.6034) against the same month in 2023 (average: 13.4700), the exchange rate shifted by +0.1333 (+0.99%).

2024 Avg (May) 13.6034

2023 Avg (May) 13.4700

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.7130	13.3643	13.5805
February	13.7994	13.5442	13.7082
March	13.7686	13.5283	13.6619
April	14.2002	13.5589	13.7512
May	14.2033	13.4790	13.6034
June	13.8359	13.4640	13.6274
July	13.6792	13.4295	13.5479
August	13.6093	13.2540	13.4140
September	13.4111	13.0186	13.2425
October	13.4251	13.0438	13.3128
November	13.7252	13.2696	13.5414
December	13.9679	13.5135	13.7160