2024 ETB to BWP Historical Review

YEARLY HIGH

0.2483 BWP

YEARLY LOW

0.1063 BWP

YEARLY AVERAGE

0.1874 BWP

2024 ETB to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.2483. Conversely, the yearly low was recorded on December 12, dropping to 0.1063.

This high-to-low spread represents a total annual volatility of 0.1420 BWP. From a start-to-finish perspective, comparing the January average rate of 0.2407 to the December average rate of 0.1083, the exchange rate registered a net change of -55.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2483 was down 2.13% compared to the 2023 peak of 0.2537, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,241 BWP

2023 Average 1,220 BWP

Yearly Trough Low 532 BWP

Transaction Impact: A difference of 709.87 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2555

0.0949

JanuMarcMayJulySeptNove

ETB 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 0.2399, compared to 0.1349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1050 points.

H1 Avg (Jan–Jun) 0.2399

H2 Avg (Jul–Dec) 0.1349

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0591 BWP (High: 0.2384 / Low: 0.1793). On the other end, October was the most stable month, with a tight range of 0.0036 BWP (High: 0.1125 / Low: 0.1089).

July Spread (Volatile) ±0.0591

October Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1010 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.2373) against the same month in 2023 (average: 0.2477), the exchange rate shifted by -0.0104 (-4.22%).

2024 Avg (May) 0.2373

2023 Avg (May) 0.2477

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2428	0.2378	0.2407
February	0.2437	0.2392	0.2421
March	0.2435	0.2383	0.2408
April	0.2476	0.2382	0.2417
May	0.2483	0.2352	0.2373
June	0.2404	0.2336	0.2370
July	0.2384	0.1793	0.2331
August	0.1718	0.1179	0.1321
September	0.1205	0.1095	0.1148
October	0.1125	0.1089	0.1106
November	0.1129	0.1076	0.1105
December	0.1109	0.1063	0.1083