YEARLY HIGH
6.2132 BWP
YEARLY LOW
5.8254 BWP
YEARLY AVERAGE
6.0275 BWP

2024 FJD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 6.2132. Conversely, the yearly low was recorded on December 12, dropping to 5.8254.

This high-to-low spread represents a total annual volatility of 0.3877 BWP. From a start-to-finish perspective, comparing the January average rate of 6.0807 to the December average rate of 5.9449, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.2132 was up 0.74% compared to the 2023 peak of 6.1673, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31,066 BWP
2023 Average 29,948 BWP
Yearly Trough Low 29,127 BWP
Transaction Impact: A difference of 1,938.68 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.1097
5.9299
JanuMarcMayJulySeptNove

FJD 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 6.0670, compared to 5.9880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0790 points.

H1 Avg (Jan–Jun) 6.0670
H2 Avg (Jul–Dec) 5.9880

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.2383 BWP (High: 6.2000 / Low: 5.9617). On the other end, September was the most stable month, with a tight range of 0.1251 BWP (High: 6.0630 / Low: 5.9379).

May Spread (Volatile) ±0.2383
September Spread (Stable) ±0.1251

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 April and May, when the average rate fell by 0.0376 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 6.0672) against the same month in 2023 (average: 5.9302), the exchange rate shifted by +0.1370 (+2.31%).

2024 Avg (April) 6.0672
2023 Avg (April) 5.9302

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.1350 5.9964 6.0807
February 6.1697 6.0230 6.0947
March 6.1325 5.9993 6.0677
April 6.2132 6.0075 6.0672
May 6.2000 5.9617 6.0296
June 6.1462 5.9611 6.0618
July 6.1279 5.9529 6.0377
August 6.0649 5.9368 6.0132
September 6.0630 5.9379 5.9976
October 6.0153 5.8736 5.9601
November 6.0330 5.8544 5.9745
December 6.0166 5.8254 5.9449