2024 GHS to BWP Historical Review

YEARLY HIGH

1.1403 BWP

YEARLY LOW

0.8084 BWP

YEARLY AVERAGE

0.9464 BWP

2024 GHS to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 1.1403. Conversely, the yearly low was recorded on November 8, dropping to 0.8084.

This high-to-low spread represents a total annual volatility of 0.3319 BWP. From a start-to-finish perspective, comparing the January average rate of 1.1275 to the December average rate of 0.9280, the exchange rate registered a net change of -17.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1403 was down 25.38% compared to the 2023 peak of 1.5281, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,702 BWP

2023 Average 5,727 BWP

Yearly Trough Low 4,042 BWP

Transaction Impact: A difference of 1,659.66 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1572

0.8017

JanuMarcMayJulySeptNove

GHS 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 1.0285, compared to 0.8642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1643 points.

H1 Avg (Jan–Jun) 1.0285

H2 Avg (Jul–Dec) 0.8642

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1138 BWP (High: 1.0368 / Low: 0.9230). On the other end, October was the most stable month, with a tight range of 0.0162 BWP (High: 0.8367 / Low: 0.8205).

May Spread (Volatile) ±0.1138

October Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0650 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0650

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.1275) against the same month in 2023 (average: 1.1267), the exchange rate shifted by +0.0008 (+0.07%).

2024 Avg (January) 1.1275

2023 Avg (January) 1.1267

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1403	1.1010	1.1275
February	1.1100	1.0906	1.1001
March	1.0877	1.0369	1.0562
April	1.0394	1.0086	1.0230
May	1.0368	0.9230	0.9581
June	0.9294	0.8889	0.9060
July	0.8912	0.8701	0.8782
August	0.8757	0.8466	0.8598
September	0.8550	0.8255	0.8434
October	0.8367	0.8205	0.8314
November	0.8863	0.8084	0.8448
December	0.9502	0.8843	0.9280